Thorstein Veblen: 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.

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.

-- Thorstein Veblen


		Name: Thorstein Veblen Type: Economist Nationality: American Birth: July 30, 1857 Death: August 3, 1929

https://www.nutquote.com/quote/Thorstein_Veblen