2010
DOI: 10.2753/jei0021-3624440409
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Simon Patten's Contributions to the Institutionalist View of Abundance

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Cited by 4 publications
(1 citation statement)
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“…Why then, Patten (1907, p. 47) asked, do poverty and social unrest-"which ought to be disappearing from a rich and lavish world"-continue to exist and proliferate? His response was an early version of the cultural lag theory popularized by William F. Ogburn in the 1920s (Fox 1967;LaJeunesse 2010). In Patten's opinion, the frictions that prevented a full transition towards a pleasure economy were inherently social, rather than economic.…”
Section: IImentioning
confidence: 99%
“…Why then, Patten (1907, p. 47) asked, do poverty and social unrest-"which ought to be disappearing from a rich and lavish world"-continue to exist and proliferate? His response was an early version of the cultural lag theory popularized by William F. Ogburn in the 1920s (Fox 1967;LaJeunesse 2010). In Patten's opinion, the frictions that prevented a full transition towards a pleasure economy were inherently social, rather than economic.…”
Section: IImentioning
confidence: 99%