Thorstein Veblen Quotes


Abstention from labor is the conventional evidence of wealth and is therefore the conventional mark of social standing.


Citations

Veblen, Thorstein. The Theory of the Leisure Class. Macmillan, 1899, p. 41.

Related Quotes

Thorstein Veblen
Thorstein Veblen
  • Born: July 30, 1857
  • Died: August 3, 1929
  • Nationality: American
  • Profession: Economist

Thorstein Bunde Veblen was an American economist and sociologist, who during his lifetime emerged as a well-known critic of capitalism.