Thorstein Veblen and human emotions: an unfulfilled prescience.

From: Journal of Economic Issues | Date: September 1, 2005| Author: | Copyright information

By centering on instinct as a prime mover in economic behavior, Thorstein Veblen tapped into the function of the mind itself-in particular, the commanding role of the unconscious in human motivation and behavior. In this paper, I expose his seminal focus on instinct to the powerful beam of light of psychoanalytic theory. The results of this analysis point to (1) a new perspective on Veblen's insights into the relationship between economic institutions and human emotions and (2) the contribution psychoanalytic theory can make to the analysis of economic behavior--in particular, the ...

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