Last Veblenian

The Politics of Industry, by Walton Hamilton. 176 pp. New York: Alfred A. Knopf. $3.50

Our intellectual atmosphere suffers from many ills, but happily it suffers no longer from the miasmic blight of Thorstein Veblen. Veblen, in the last analysis, had nothing to say; and once the Liberals secured their power and forged an Establishment, they swiftly interred the man whom they had trumpeted to the skies. Veblen, useful as a cynical corrosive of the Old Order, is no longer needed. His work is done.

MR

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Murray N. Rothbard

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The Politics of Industry, by Walton Hamilton. 176 pp. New York: Alfred A. Knopf. $3.50

Our intellectual atmosphere suffers from many ills, but happily it suffers no longer from the miasmic blight of Thorstein Veblen. Veblen, in the last analysis, had nothing to say; and once the Liberals secured their power and forged an Establishment, they swiftly interred the man whom they had trumpeted to the skies. Veblen, useful as a cynical corrosive of the Old Order, is no longer needed. His work is done.