History Commons^™

Veblen On National Economic Development, Rebekkah Brainerd

Anthós

This inquiry seeks to establish that Thorstein Veblen introduces key ideas concerning national economic development in his book Imperial Germany and the Industrial Revolution. Using works by prominent scholars Alexander Gerschenkron and Gary Becker, this inquiry addresses the role of the state, human capital theory, and late industrialization theory. While specific ideas about the development of societies can be gleaned, ultimately it is about the individual factors of each society in how and why it develops as it does.