The Thorstein Veblen Farmstead is a historic landmark in Nerstrand, Minnesota. From 1866 until 1888, it was the primary home of Thorstein Veblen (1857–1929), a son of Norwegian immigrants who would become a world-renowned economist and social scientist. His most famous work, The Theory of the Leisure Class (1899), introduced the term “conspicuous consumption.” The ten-acre farmstead was placed on the National Register of Historic Places in 1975, and designated a National Historical Landmark in 1981.