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The next nine essays apply Veblen's thinking to critiques of other economists and capitalism. The final three essays in the book, and in particular the last two, are examples of a genre of thinking which, while not uncommon among social scientists of the period in which Veblen worked haven been discredited and certainly have no lasting value, being conjectural history using such concepts as natural selection.As Warren Samuels notes in his stimulating introduction to this new edition, "Veblen was heterodox, iconoclastic, sardonic, caustic, and satiric.
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