As increased industrial efficiency makes it possible to pro… - Thorstein Veblen

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As increased industrial efficiency makes it possible to procure the means of livelihood with less labor, the energies of the industrious members of the community are bent to the compassing of a higher result in conspicuous expenditure, rather than slackened to a more comfortable pace.

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

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.

All ritual has a notable tendency to reduce itself to a rehearsal of formulas.

The chief use of servants is the evidence they afford of the master's ability to pay.

As increased industrial efficiency makes it possible to procure the means of livelihood with less labor, the energies of the industrious members of t… - Thorstein Veblen

About Thorstein Veblen

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