A note on habit: Veblen and Dewey

Thorstein B. Veblen is one of the most prominent economists, who emphasizes human nature and social reality. For Veblen, habit and institutions constitute crucial categories. However, there is a conflicting interpretation of habit in the institutionalist literature. While some claim that Veblen uses the notion of habit to indicate human dispositions, propensities, proclivities and even capacities, others argue that habit in Veblen is repeated action.