This paper intends to present a particular analysis of Thorstein Veblen’s work. In this fashion, we have identified a central idea that commands his oeuvre: the non-teleologism. In addition, as a another central objective, the study pretends to establish a relationship between this hard core...

This paper contains a short history of business cycle theory. It is argued that in the course of time the emphasis shifted from a mainly exogenous to a mainly endogenous explanation of the cycle. After the integration of the two approaches in the so-called impulse and propagation theory, the...