We are all Veblenians now. Our understanding of the way people’s acquisitions and activities advertise their superiority—not least in an era of Facebook show-offs and Instagrammable lives—has roots in work that the economist and social theorist Thorstein Veblen published over a century ago. Behavioral economics finds a precursor in Veblen. So does evolutionary psychology. Our […]
Source : The Prophet of Maximum Productivity
