Quote by: Thorstein Veblen

The quasi-peaceable gentleman of leisure, then, not only consumes of the staff of life beyond the minimum required for subsistence and physical efficiency, but his consumption also undergoes a specialisation as regards the quality of the goods consumed. He consumes freely and of the best, in food, drink, narcotics, shelter, services, ornaments, apparel, weapons and accoutrements, amusements, amulets, and idols or divinities.


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Author Bio


  • NameThorstein Veblen
  • DescriptionAmerican academic
  • BornJuly 30, 1857
  • DiedAugust 3, 1929
  • CountryUnited States Of America; Norway
  • ProfessionEconomist; Sociologist