After his death Thorstein Veblen was hailed as 'America's Darwin and Marx' and is normally portrayed as the perennial iconoclast. He severely criticised traditional economics and attempted to create an alternative approach based on a much more complex view of human beings. He is one of the most celebrated economists of our age and has been the inspiration for many books; the predatory version of capitalism we now again experience, the phenomenon of studying cultures of consumption and the darker sides of gilded ages can be traced back to Veblen.

Acknowledgements; List of Contributors; 1. Introduction - Erik S. Reinert and Francesca Lidia Viano; 2. Veblen's Contexts: Valdres, Norway and Europe; Filiations of Economics; and Economics for an Age of Crises - Erik S. Reinert; PART ONE: NORWEGIAN ORIGINS AND PERSONAL LIFE: 3. Explaining Veblen by his Norwegian Background: A Sketch - Kåre Lunden; 4. Valdres to the Upper Midwest: The Norwegian Background of the Veblen Family and their Migration to the United States - Terje Mikael Hasle Joranger; 5. New Perspectives on Thorstein Veblen, the Norwegian - Knut Odner; 6. The Physical World of Thorstein Veblen: Washington Island and Other Intimate Spaces - Russell H. Bartley and Sylvia Erickson Bartley; PART TWO: AMERICAN EDUCATION: 7. Ithaca Transfer: Veblen and the Historical Profession - Francesca Lidia Viano; 8. Schooling for Heterodoxy: On the Foundations of Thorstein Veblen's Institutional Economics - Charles Camic; PART THREE: VEBLEN'S POLITICS: 9. Thorstein Veblen and the Politics of Predatory Power - Sidney Plotkin; 10. Veblen, War and Peace - Stephen Edgell; 11. Veblen's 'Higher Learning': The Scientist as Sisyphus in the Iron Cage of a University - Eyüp Özveren; PART FOUR: VEBLEN'S ECONOMICS: 12. Thorstein Veblen: The Father of Evolutionary and Institutional Economics - Geoffrey M. Hodgson; 13. Veblen's Words Weighed - Paul Burkander; 14. The Great Crash of 2007 Viewed through the Perspective of Veblen's 'Theory of Business Enterprise', Keynes's Monetary Theory of Production and Minsky's Financial Instability Hypothesis - L. Randall Wray; 15. Predation from Veblen until Now: Remarks to the Veblen Sesquicentennial Conference - James K. Galbraith; 16. Capitalising Expectations: Veblen on Consumption, Crises and the Utility of Waste - Sophus A. Reinert and Francesca Lidia Viano; 17. Thorstein Veblen: Still Misunderstood, but More Important Now than Ever - Robert H. Frank; Name Index; Subject Index