It is something more than a dozen years since the following observations on American academic life were first assembled in written form. In the meantime changes of one kind and another have occurred, although not such as to alter the course of policy which has guided American universities.
As is true of any other point of view that may be characteristic of any other period of history, so also the modern point of view is a matter of habit. It is common to the modern civilised peoples only in so far as these peoples have come through substantially the same historical experience and have thereby acquired substantially the same habits of thought and have fallen into somewhat the same prevalent frame of mind.
It is now something like a year since this book was written.And much of its argument is in the nature of forecast which has in great part been overtaken by the recipitate run of events during these past months.
Thorstein Veblen is to economics what Jonathan Swift is to English literature: a master of the art of satire. Is is essential to effective satire that its message be ambiguous: the reader should never be sure whether the author is absolutely serious or just pulling his or her leg
Thorstein Veblen ... was arguably the most original and penetrating economist and social critic that the United States has produced" (Rick Tilman, Thorstein Veblen and His Critics, 1891-1963; Princeton: Princeton UP., 1992, p. ix.). He was one of the first academics to examine the complex relationship between consumption and wealth in society.
As unconventional in his personal life as in his academic career, Thorstein Veblen always seemed to stand outside of his social and intellectual environment. In 1906, after fourteen years at the University of Chicago, some of which he had spent as a research fellow and instructor, he had risen only to the rank of assistant professor.
It is the author's contention that F. Scott Fitgerald's novel The Great Gatsby which was set in the 1920's was "not original with Fitzgerald, but reflects the influence, both directly and indirectly, of the earlier adversary of conspicous consumption and pecuniary emulation, Thorstein Veblen."
Born in NYC, attended Oberlin & Trinity Schools, then Exeter and Williams (Phi Beta Kappa 1958). Worked with the Reverend James Robinson, finished Union Theological Seminary in NYC (1961). Joined Student Interracial Ministry in Nashville. Founded Renewal Magazine in Chicago, served The Christian Century and Christianity Crisis magazines. Covered civil rights in Oxford, Birmingham and Selma. Interviewed Martin Luther King, Jr., Malcolm X. My book The Grass Roots Church had impact on the ecumenical movement. Have authored some 15 books, been a house-husband and father of three wonderful (grown) children. I have written published music choral and popular. Most recently I served in UN agencies including UNICEF in NYC and edited CHOICES which was the flagship magazine of UNDP.