Abstract
The inspiration of Darwin on Veblen is well known. However, the manner in which Veblen incorporated Darwinian ideas is inadequately appreciated. Veblen not only adopted Darwinian strictures on the causal explanation of the individual agent but also upheld that Darwinian principles of inheritance and selection applied to individual habits and social institutions. This amounts to the generalization of Darwinian principles to socio-economic evolution.