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Thorstein Veblen

Thorstein Veblen Quotes

Economist

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Famous Thorstein Veblen Quotes

“All business sagacity reduces itself in the last analysis to judicious use of sabotage.”

UseLastsBusinessAnalysisSabotageSagacityConspicuous Consumption
Book:THORSTEIN VEBLEN Ultimate Collection: 8 Books & 50+ Business Essays and Articles in Warfare and Economics: The Theory of the Leisure Class, The Theory of Business Enterprise, The Higher Learning In America, Panem et Circenses, The Vested Interests and the Common Man, The Use of Loan Credit in Business…
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“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.”

MeanNamesCommunityBasesOrganizedGoodsLeisureConsumptionRetainingConspicuous Consumption
Book:THE THEORY OF THE LEISURE CLASS: An Economic Study of American Institutions and a Social Critique of Conspicuous Consumption: Development of Institutions That Shape Society and Influence the Livelihood of Citizens: Based on Sociological & Economical Theories of Charles Darwin, Karl Marx, Adam Smith and Herbert Spencer
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“With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper. In an industrial community this propensity for emulation expresses itself in pecuniary emulation; and this, so far as regards the Western civilized communities of the present, is virtually equivalent to saying that it expresses itself in some form of conspicuous waste.”

SelfFormCommunityEconomicWasteRegardInstinctWesternMotiveExceptionCivilizedStrongestPreservationPersistentSelf PreservationPropensityEmulation
Author:Thorstein Veblen
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“The abjectly poor, and all those person whose energies are entirely absorbed by the struggle for daily sustenance, are conservative because they cannot afford the effort of taking thought for the day after tomorrow; just as the highly prosperous are conservative because they have small occasion to be discontented with the situation as it stands today.”

PersonsTodayEnergyPoorEffortSituationStruggleTomorrowConservativeOccasionsProsperousComplacencySustenanceThought Of The Day
Book:THORSTEIN VEBLEN Ultimate Collection: 8 Books & 50+ Business Essays and Articles in Warfare and Economics: The Theory of the Leisure Class, The Theory of Business Enterprise, The Higher Learning In America, Panem et Circenses, The Vested Interests and the Common Man, The Use of Loan Credit in Business…
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“A protective tariff is a typical conspiracy in restraint of trade.”

TradeLibertarianConspiracyTypicalRestraintProtectiveTariffs
Book:THE ENGINEERS AND THE PRICE SYSTEM: From the Author of The Theory of the Leisure Class, The Theory of Business Enterprise, Imperial Germany and the Industrial Revolution & The Higher Learning in America
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