Purpose – Thorstein Veblen, though recognized as a “classic” author, has been since his death in 1929 virtually ignored by the public (academic and otherwise). In light of the fact that he may possibly have been the most important social scientist of the modern era, such neglect is a shame...

According to a widely accepted view, the Methodenstreit between the historical and Austrian school was the result of misunderstandings. Argues that it was rather the outcome of different solutions to genuine philosophical and methodological problems, in particular to a demarcation problem....