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Thorstein Veblen   Listen
Thorstein Veblen

noun
1.
United States economist who wrote about conspicuous consumption (1857-1929).  Synonyms: Thorstein Bunde Veblen, Veblen.






WordNet 3.0 © 2010 Princeton University








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"Thorstein veblen" Quotes from Famous Books



... do not mean to imply that Mr. Wallas is the only modern man who has tried to think about politics psychologically. Here in America alone we have two splendid critics, a man and a woman, whose thought flows from an interpretation of human character. Thorstein Veblen's brilliant descriptions penetrate deeply into our mental life, and Jane Addams has given new hope to many of us by her capacity for making ideals the goal ...
— A Preface to Politics • Walter Lippmann

... acquisition, in which they habitually reach their ends by a shrewd restriction of output; and yet they continue to be entrusted with the community industrial welfare, which calls for maximum production." ("The Engineers and the Price System," Thorstein Veblen. Huebsch. 1921. p. 40-41.) The recent cry of the American farmer: "Produce only what you need for your own keep," is a crude effort to imitate the successful tactics of the business world in limiting production to the volume that will yield ...
— The Next Step - A Plan for Economic World Federation • Scott Nearing



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