June 17, 2024

The Relevance of Thorstein Velblen and His Era for Rethinking Economics in the Present, with Charles Camic

Join our discussion on the emergence of economics as a profession and the divide between marginalist and evolutionary thinking that is still very much with us today.
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As someone engaged in rethinking the theoretical foundation of economics from an evolutionary perspective, I am fond of quoting Thorstein Veblen's 1898 essay "Why is Economics Not an Evolutionary Science?". But I didn't understand the true import of Thorstein's ideas and the era in which he lived until I read Charles (Chas) Camic's 2020 biography Veblen: The Making of an Economist Who Unmade Economics. Join Chas and I as we cover the emergence of economics as a profession and the divide between marginalist and evolutionary thinking that is still very much with us today.

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