Thorstein Veblen quote

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The basis on which good repute in any highly organized industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength, and so of gaining or retaining a good name, are leisure and a conspicuous consumption of goods.
Thorstein Veblen
Thorstein Veblen
Thorstein Veblen
Born: Jul 30, 1857
Died: Aug 3, 1929

Topics

Good, Strength, Community, Conspicuous, Rests, Retaining, Consumption, Highly, Name, Goods, Industrial, Ultimately, Any, Leisure, Which, Gaining, Repute, Means, Organized, Showing, Basis

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Related Authors

Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell

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