The Engineers and the Price System

The book explores the ideas of Thorstein Veblen, a prominent early 20th-century economist and sociologist known for his concept of "conspicuous consumption." In this 1921 work, he predicts the emergence of scientists and technologists as significant economic forces, highlighting their potential impact on society and the economy. Veblen's insights delve into the intersection of economics, technology, and social behavior, offering a forward-thinking perspective on the evolving roles of these professionals in shaping modern economic landscapes.