Thorstein Veblen Quotes


In the rare cases where it occurs, a failure to increase one's visible consumption when the means for an increase are at hand is felt in popular apprehension to call for explanation, and unworthy motives of miserliness are imputed.


Citations

Veblen, Thorstein. The Theory of the Leisure Class. Macmillan, 1899, p. 102.

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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.