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December 02, 2008

Invention is the mother of necessity... is it so sure ?

Invention is the mother of necessity.
 - Thorstein Veblen
 
* is it so sure ?
* Try to find out some pro and con examples
 
Thorstein Bunde Veblen (born Tosten Bunde Veblen July 30, 1857 –
August 3, 1929) was a Norwegian-American sociologist and economist and
a founder, along with John R. Commons, of the Institutional economics
movement. He was an impassioned critic of the performance of the
American economy, and is most famous for his book The Theory of the
Leisure Class (1899).
... http://en.wikipedia.org/wiki/Thorstein_Veblen
 


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