The Engineers and the Price System

by Thorstein Veblen

Thorstein Veblen (Editor)

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Book cover for The Engineers and the Price System

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In his The Engineers and the Price System, originally published in 1921, Veblen observes that World War One demanded industrial innovations, and he was among the first to predict the need for changes in managerial struc-ture. Veblen saw that industrial output was more dependent upon techno-crats managers and capital innova-tors than financiers.

In The Engineers and the Price System, Veblen applies economic theory to modern industrial society. He demon-strates that revolutionary change can be advanced by managers and engi-neers upon whose "brains and skills" the state of industrial arts depends.

In his uniquely comprehensive in-troduction, Daniel Bell discusses the associations and attitudes which mark Veblen as the prophetic outsider he remained most of his life.

  • ISBN13 9781351304177
  • Publish Date 28 July 2017 (first published December 1971)
  • Publish Status Active
  • Publish Country GB
  • Publisher Taylor & Francis Ltd
  • Imprint Routledge
  • Format eBook
  • Pages 151
  • Language English