Famous Thorstein Veblen Quotes & Sayings
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Top Famous Thorstein Veblen Quotes
A considerable amount of American consumption spending is not for the enjoyment of consumption per se, but to show off wealth, status, or sexual allure. In the famous phrase of the economist and social critic Thorstein Veblen, this is "conspicuous consumption," that is, consumption whose main purpose is to impress others rather than to be enjoyed by oneself.2 — Jeffrey D. Sachs