Quote

A standard of living is of the nature of habit. ...it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once become habitual.

Thorstein Veblen

Change background

T
T
T

Change font

TAGS & TOPICS

Thorstein Veblen
Age: 72 †
Born: 1857
Born: July 30
Died: 1929
Died: August 3
Economist
Sociologist
University Professor
Writer
Manitowoc County
Wisconsin
Thorstein Bunde Veblen
Almost
Solely
Living
Prevent
Nature
Scale
Expenditure
Become
Standard
Conspicuous
Scales
Expenditures
Acts
Recession
Standards
Recessions
Habit
Habitual

More quotes by Thorstein Veblen

Image
The walking stick serves the purpose of an advertisement that the bearer's hands are employed otherwise than in useful effort, and it therefore has utility as an evidence of leisure.
Thorstein Veblen
Image
The office of the leisure class in social evolution is to retard the movement and to conserve what is obsolescent. This proposition is by no means novel it has long been one of the commonplaces of popular opinion.
Thorstein Veblen
Image
The thief or swindler who has gained great wealth by his delinquency has a better chance than the small thief of escaping the rigorous penalty of the law.
Thorstein Veblen
Image
The visible imperfections of hand-wrought goods, being honorific, are accounted marks of superiority in point of beauty, or serviceability, or both.
Thorstein Veblen
Image
The institution of a leisure class has emerged gradually during the transition from primitive savagery to barbarism or more precisely, during the transition from a peaceable to a consistently warlike habit of life.
Thorstein Veblen
Image
No one travelling on a business trip would be missed if he failed to arrive.
Thorstein Veblen
Image
Inherited aptitudes and traits of temperament count for quite as much as length of habituation in deciding what range of habits will come to dominate any individual's scheme of life.
Thorstein Veblen
Image
English orthography satisfies all the requirements of the canons of reputability under the law of conspicuous waste. It is archaic, cumbrous, and ineffective its acquisition consumes much time and effort failure to acquire it is easy of detection.
Thorstein Veblen
Image
Only individuals with an aberrant temperament can in the long run retain their self-esteem in the face of the disesteem of their fellows.
Thorstein Veblen
Image
The corset is?a mutilation, undergone for the purpose of lowering the subject's vitalityand rendering her permanentlyand obviously unfit for work.
Thorstein Veblen
Image
The machine technology takes no cognizance of conventionally established rules of precedence it knows neither manners nor breeding and can make no use of any of the attributes of worth.
Thorstein Veblen
Image
In itself and in its consequences the life of leisure is beautiful and ennobling in all civilised men's eyes.
Thorstein Veblen
Image
Conservatism is the maintenance of conventions already in force.
Thorstein Veblen
Image
The requirement of conspicuous wastefulness is... present as a constraining norm selectively shaping and sustaining our sense of what is beautiful.
Thorstein Veblen
Image
Beauty is commonly a gratification of our sense of costliness masquerading under the name of beauty.
Thorstein Veblen
Image
So soon as the possession of property becomes the basis of popular esteem, therefore, it becomes also a requisite to that complacency which we call self-respect.
Thorstein Veblen
Image
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
Image
The aesthetic serviceability of objects of beauty is not greatly nor universally heightened by possession.
Thorstein Veblen
Image
Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.
Thorstein Veblen
Image
Into the cultural and technological system of the modern world, the patriotic spirit fits like dust in the eyes and sand in the bearings. Its net contribution to the outcome is obscuration, distrust, and retardation at every point where it touches the fortunes of modern mankind.
Thorstein Veblen