Jun 13, 2006
Veblen and the "Impending Collapse of Capitalism."
“Professor Veblen also made several financial ventures...He invested his money in a raisin farm, run by one of his disciples...Need we say more?...Obviously, such an experience would make almost any one write about the impending collapse of Capitalism.”
Isabel Paterson, New York Herald Tribune Books 11, December 9, 1934, 23.