Word: veblenism
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...critic, Galbraith has considerable latitude in his choice of subject matter. The Book's start threatens to rehash the anecdotal biographic ramblings of Robert Heilbroner's The Wordly Philosophers, so familiar to Ec 10 veterans; the careful reader will learn of the romantic lives of thinkers from Marx to Veblen. By the close of the work Galbraith has looked at the problem of overpopulation the plight of the city, the multinational corporation, the normally UGE (the H is silent amythical, but representative corporate monster, and the prospects for world peace...
THORSTEIN VEBLEN...
Economist Thorstein Veblen, Historian Charles Beard and Philosopher John Dewey founded it in a few Manhattan brownstones. Their aim: enlivening traditional learning. From the start, they succeeded. In the 1920s, the school offered the first college-level courses on black culture, taught by W.E.B. DuBois; in the '30s Martha Graham taught pioneering classes in modern dance...
...Thorstein Veblen invested in an oil stock a few years before his death in 1929. What happened to his investment...
...Capone, gangster. 75. Fear itself; between 14 and 17 million. 76. Hoover, in 1928. 77. The Federal Reserve System. 78. The Federal Deposit Insurance Corporation, the Securities Exchange Commission, and the Federal Reserve System. 79. The company was cited in oil scandals, and stock became worthless within months of Veblen's investment. 80. Nixon. 81. Earl Butz. 82. Walter Heller, former chairman of the President's Council of Economic Advisors. 83. Time. Other magazines said much the same thing. 84. Nixon. 85. Nixon, in 1973. 86. Federal Reserve Board chairman Arthur Burns. 87. Time. 88. President Ford. 89. President Ford...