Sunday, August 3, 2008

Thorstein Veblen died today – 79 years ago

Author (of The Theory of the Leisure Class - we could all become wealthier by following Murray N. Rothbard's Man, Economy, and State) Thorstein Veblen was born as Tosten Bunde Veblen on July 30, 1857 in Cato, Wisconsin. He said, “All business sagacity reduces itself in the last analysis to judicious use of sabotage." [Oh, don’t be so negative.]... Mr. Veblen died on August 3, 1929 in Menlo Park, California.

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