With a detailed chronology, suggested readings, and comprehensive notes identifying events, individuals, and institutions to which Veblen alludes, this volume is sure to become the standard teaching text for Veblen’s classic work and an invaluable resource for students of both the history and the current workings of the American university.

This carefully crafted ebook: "THE HIGHER LEARNING IN AMERICA: A Memorandum on the Conduct of Universities by Business Men” is formatted for your eReader with a functional and detailed table of contents. Thorstein Veblen (1857-1929) was an American economist and sociologist. He is well known as a witty critic of capitalism. Veblen is famous for the idea of "conspicuous consumption." Conspicuous consumption, along with "conspicuous leisure," is performed to demonstrate wealth or mark social status. Veblen explains the concept in his best-known book, The Theory of the Leisure Class. Within the history of economic thought, Veblen is considered the leader of the institutional economics movement. Veblen's distinction between "institutions" and "technology" is still called the Veblenian dichotomy by contemporary economists. In the beginning of his academic career Veblen had difficulties obtaining a university position, whether because he was discriminated for being Norwegian, or openly identified as an agnostic. These difficulties later inspired him to write The Higher Learning in America. In this book he claimed that true academic values were sacrificed by universities in favor of their own self-interest and profitability.

Bok concludes that the competition for the best students, the most advanced scholarship, the most successful scientific research, the best facilities--has helped to produce venturesome, adaptable, and varied universities. But because the process of learning itself is imperfectly understood, it is difficult to achieve sustained progress in the quality of education or even to determine which educational innovations actually enhance learning.

At the time of its initial publication in 1904, The Higher Learning in America was known in educated circles as the most reflective study ever made of the university system in America. Veblen's evaluation of the misleading notions and erroneous beliefs were inherent in "the higher learning" was received as fair by most academics. As a result, many believed he paved the way to an improved age in college education. Just as applicable today as they were decades ago, his sophisticated style remains deprecatingly amusing; his biting critique just as disquieting as it was at the turn of the 19th century. The Higher Learning in America remains a penetrating book by one of America's greatest social critics. American economist and sociologist THORSTEIN BUNDE VEBLEN (1857-1929) was educated at Carleton College, Johns Hopkins University and Yale University. He coined the phrase "conspicuous consumption." Among his most famous works are The Theory of the Leisure Class (1899), The Theory of Business Enterprise (1904), and Imperial Germany and the Industrial Revolution (1915).