Thorstein Veblen Quotes

It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.



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 became famous as a witty critic of capitalism.