Modern Times and Veblen

Volkan Kaymaz and Ercan Eren
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Volkan Kaymaz: Yıldız Teknik Üniversitesi, Doktora Öğrencisi
Ercan Eren: Yıldız Teknik Üniversitesi, İktisat Bölümü, Öğretim Üyesi

Yildiz Social Science Review, 2018, vol. 4, issue 2, 201-212

Abstract: In the pre-Great Depression period, social transformations took place and the development of technology increased the mass production activities. Large corporations have started to transfer their profits in the financial sector as well as in real production activities. Modern Times depicted this period and described the consequences of the crisis in terms of society. The aim of this article is to embody Veblen's theory of economics by adhering to the Modern Times, which reflects the economic and social circumstances of the period and to analyze the behavior of individuals that led to economic crises.

Keywords: Thorstein Veblen; Modern Times; Institutional EconomicsJournal: Yildiz Social Science Review (search for similar items in EconPapers)
JEL-codes: F00 F30 G00 G10 K00 K20 M00 M20 O10 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aye:journl:v:4:y:2018:i:2:p:201-212

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