Quotes by Thorstein Veblen

Thorstein Veblen

Norwegian-American economist and sociologist

Lived from: 1857 - 1929

Category: Business and entrepreneurs | History and sociology

Born: 30 july 1857 Died: 3 august 1929

Quotes 1 till 4 of 4.

  • 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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  • No one travelling on a business trip would be missed if he failed to arrive.
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