20th Century American History - Economic Aspects - General & Miscellaneous, Economic Conditions in the United States, Capitalism, Literary Styles & Movements - Fiction, General & Heavy Industry - General & Miscellaneous

The Engineers and the Price System

Name: The Engineers and the Price System
Author: Thorstein Veblen
ISBN: 9781614273707

by Thorstein Veblen

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Overview

In his The Engineers and the Price System, originally published in 1921, Veblen observes that World War One demanded industrial innovations, and he was among the fi rst to predict the need for changes in managerial structure. Veblen saw that industrial output was more dependent upon technocrats-managers and capital innovators-than fi nanciers.

About the Author, Thorstein Veblen

Thorstein Veblen (1857-1929) was perhaps the most famous American economist and social critic of his time. He taught at the universities of Chicago and Missouri, Stanford University, and the New School for Social Research.