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| | AMERICAN PHILOSOPHY: Recent American Thought - 2 (Site not responding. Last check: ) |
 | | Before Veblen turned to the study of social and economic facts and theories, he had concentrated upon philosophy, especially the works of Kant, Comte and Spencer, and, in his later years, the problems of economics remained closely connected in Veblen's mind with fundamental problems of life, civilization and the general theory of science. |
 | | Although Veblen was strongly impressed by the doctrine of evolution, he was opposed to the simple application of the evolutionary principles to the study of social phenomena. |
 | | Veblen's businessperson makes profits not by providing an outlet for the forces of industrialization and social evolution but by distorting them: by engaging in monetary manipulations, by restricting output to keep prices artificially high, and by interfering with the engineers who actually produce goods and services. |
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