The Use of Loan Credit in Modern Business

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This scarce text contains a discussion and analysis of the use of loan credit in modern businesses, eloquently written by the seminal American economist, Thorstein Bunde Veblen. As the use of loan credit is intrinsic to the modern industrial system, knowledge of the subject is imperative to successful profitability, and everything needed to know about the dangers and benefits of loan credit are contained herein. Thorstein Bunde Veblen was an American sociologist, economist, and leader of the institutional economics movement. He was also a renowned critic of capitalism, a characteristic best displayed in his witty and insightful book, The Theory of The Leisure Class(1899). Informative and well-written, this antiquarian book will appeal to students of economics, sociology, and those interested in the history of both. This book was originally published in 1903 and is proudly republished here with a new introductory biography of the author.