Torsteyn Veblen

Thorstein Veblen was an American economist, sociologist, publicist, and futurologist. He was the founder of the institutional school in political economy. He taught at Cornell University (1890–1892), the University of Chicago (1892–1906), Stanford University (1906–1909), and the University of Missouri (1910–1917).

He was born into a family of Norwegian immigrants. He graduated from Yale University, where he wrote his dissertation, “The Ethical Grounds of a Doctrine of Retribution” (Ethical Grounds of a Doctrine of Retribution). From 1892 to 1906, he taught at the University of Chicago; in later years he worked at Stanford University and the University of Missouri, and became one of the founders of the New School for Social Research in New York. He edited the Journal of Political Economy.