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Thorstein Veblen is a great American economist along with Irving Fisher and John Bates Clark in many economic thoughts for combining a Darwinian evolutionary perspective with his new institutionalist approach to economic analysis. He developed a 20th-century evolutionary economics based upon Darwinian principles and new ideas emerging from anthropology, sociology, and psychology. Veblen’s important works includes The Theory of the Leisure Class and The Theory of Business Enterprise.
Veblen answered the following questions of the day during World War II in the book AN INQUIRY INTO THE NATURE OF PEACE AND THE TERMS OF ITS PERPETUATION:
1) How does a civilized society create a lasting and healthy peace?
2) How does industry contribute a sustainable peace?
In this 1917 book, Veblen also explored how the concept of patriotism can undermine efforts toward peace, how modern commerce could unify nations, and why honor should be sustained by surrendering nations. It is an amazing book and very relevant today.
This book is for the readers who are interested in the deepest thoughts of technological impact on economic and political systems and their evolution by Thorstein Veblen, one of the greatest economic thinkers on the planet.
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