Separating society into a productive class and a wasteful class, FTP, name this American economist who wrote The Theory of the Leisure Class.
His early essays like "The Barbarian Status of Women" and "Why is Economics Not an Evolutionary Science?" criticized classical economics for being merely taxonomic. The essays inspired his best-known work, subtitled "An Economic Study of Institutions", which focuses on how people gain status with pecuniary emulation, conspicuous leisure, and conspicuous consumption. Separating society into a productive class and a wasteful class, FTP, name this American economist who wrote The Theory of the Leisure Class.
His early essays like "The Barbarian Status of Women" and "Why is Economics Not an Evolutionary Science?" criticized classical economics for being merely taxonomic.
Thorstein Bunde {Veblen}