Valentinov, Vladislav - In: Journal of Economic Issues 47 (2013) 3, pp. 673-688
This paper explores the meaning of Veblenian instrumental value from the perspective of two strands of twentieth-century systems literature: the theories of Niklas Luhmann and C. West Churchman. The distinct Veblenian approach to defining instrumental value is in terms of the "generic ends of...