In order to stand well in the eyes of the community, it is … - Thorstein Veblen

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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.

Thorstein Veblen

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About Thorstein Veblen

Thorstein Bunde Veblen (30 July 1857 – 3 August 1929) was a Norwegian-American sociologist and economist and a leader of the Efficiency Movement, most famous for The Theory of the Leisure Class (1899).

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Native Name: Thorstein Bunde Veblen

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John Kenneth Galbraith Jean-Baptiste Say Adam Smith Ivan Illich Edward Bellamy

Additional quotes by Thorstein Veblen

The possession of wealth confers honor; it is an invidious distinction.

The need of conspicuous waste... stands ready to absorb any increase in the community's industrial efficiency or output of goods.

The institution of a leisure class has emerged gradually during the transition from primitive savagery to barbarism; or more precisely, during the transition from a peaceable to a consistently warlike habit of life.

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. - Thorstein Veblen

About Thorstein Veblen

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