The Engineers and the Price System

Discover the insightful analysis of industrial innovation in Thorstein Veblen's Engineers and the Price System, published by Taylor & Francis Ltd in 2017. This thought-provoking work, originally released in 1921, delves into the profound impact of World War One on industrial practices. Veblen, a pioneering economist and sociologist, was among the first to foresee the necessity for a transformation in managerial structures to adapt to the evolving economic landscape. Spanning 158 pages, this hardback edition offers a compelling exploration of how engineers shape the price system and the implications for modern industry. A must-read for those interested in economics, engineering, and the historical context of industrial development.