I think not!

The BIG advantage the Veblen has over the other political economists is that he was technologically literate.  The ability to invent and manufacture is a fixed set of skills and these do not change whether someone is inventing the automobile or an iPod.

I myself am a patented inventor so know quite a bit about the process.  I had already completed my first patent application before I discovered Veblen.  What attracted me to him is that it was clear that he "got it."

What makes this so important is that the ONLY way to avoid a collapse of civilization is to invent our way out of the traps created by peak oil, etc.

Far from being nostalgia, Veblen's ideas are the most relevant out there.  Read him and see!!


"Remember the I35W bridge--who needs terrorists when there are Republicans"