The Engineers And The Price System

The Engineers and the Price System is a book written by Thorstein Veblen, an American economist and sociologist. The book was first published in 1921 and is considered to be one of Veblen's most important works. In this book, Veblen argues that engineers play a crucial role in shaping the economy and society. He suggests that engineers are responsible for the development of new technologies and production methods, which in turn influence the price system and the distribution of wealth. Veblen also argues that the price system is not a natural or objective phenomenon, but rather a product of social and economic forces.Veblen's analysis of the price system is deeply critical of capitalism and the profit motive. He argues that the pursuit of profit often leads to waste, inefficiency, and inequality. He also suggests that the price system creates a class of ""businessmen"" who are motivated primarily by the desire for profit, rather than the desire to produce goods and services that are useful to society.Overall, The Engineers and the Price System is a complex and thought-provoking book that challenges traditional economic thinking and offers a unique perspective on the role of engineers in society. It is a must-read for anyone interested in the history of economics, sociology, or technology.The Guardians of the Vested Interests...have allowed their own knowledge of this sinister state of things to unseat their common sense....they have gone in for a headlong policy of clamor and repression, to cover and suppress matters of fact and to shut off discussion and deliberation. And all the while the Guardians are also feverishly at work on a mobilization of such forces as may hopefully be counted on to ""keep the situation in hand"" (I love Veblen)This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.