Quotes by Thorstein Veblen

Thorstein Veblen

Norwegian-American economist and sociologist

Alive from: 1857-1929

Category: Economists and businessmen | History and sociology

Quotes 1 till 4 of 4.

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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
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    In order to stand well in the eyes of the community, it is necessary to come up to a certain, somewhat indefinite, conventional standard of wealth.
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    It is always sound business to take any obtainable net gain, at any cost and at any risk to the rest of the community.
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    Thorstein Veblen
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    No one travelling on a business trip would be missed if he failed to arrive.
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