Richard F. Teichgraeber III (a professor of history at Tulane University), has prepared what's bound to remain the standard edition of the text for a long time to come. His extensive yet unobtrusive notes 'identify-when identification proved possible-events, institutions, persons and publications alluded to or mentioned,' and he glosses the literary quotations and biblical references embedded in Veblen's wild and sometimes woolly prose. The timeline of Veblen's life and the recommended-readings list benefit from the past three decades of Veblen scholarship. -- Scott McLemee Inside Higher Ed A coherent and bracing critique of higher education at the dawn of the twentieth century. -- Siva Vaidhyanathan The Baffler A must read for any student of higher education... The book is 100 years old, but the arguments made are regularly heard on 21st century college campuses. Teichgraeber and Johns Hopkins are to be congratulated for bringing this book back to people's attention, and every academic library should have a copy. Choice The introduction and annotations by Teichgraeber (Tulane Univ.)are likely to ensure that this will be the standard edition of Veblen going forward; given the degree to which it presages modern criticisms of academic institutions, it is a must read for any student of higher education. In addition, it is affordable enough to sit on the bookshelf of anyone with administrative responsibility on a college campus. The book is 100 years old, but the arguments made are regularly heard on 21st-century college campuses. Teichgraeber and Johns Hopkins are to be congratulated for bringing this book back to people's attention, and every academic library should have a copy. American Library Association