Abstract
Thorstein Veblen, one of the shrewdest economists of the past century, invested a significant proportion of his wealth in the stock exchange shortly before the Great Depression, with disastrous consequences. The author of The Theory of the Leisure Class was saved from the experience of seeing the collapse of Wall Street on October 24, 1929, dying a few months before. Nevertheless, Veblen serves as a stark reminder that even the wisest heads can lose themselves to stock market fever.
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Notes
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© 2011 Santiago Iñiguez de Onzoño
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de Onzoño, S.I. (2011). Out of the crisis, confronting the critics. In: The Learning Curve. IE Business Publishing. Palgrave Macmillan, London. https://doi.org/10.1057/9780230307339_2
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