“In order to stand well in the eyes of the community, it is necessary to come up to a certain, somewhat indefinite, conventional standard of wealth.”
Quote by Thorstein Veblen
Work
The Theory of the Leisure Class
This seminal book explores the role of leisure in the development of social classes and the economic implications of leisure time in contemporary life. more
Author
Thorstein Veblen
Thorstein Veblen was an American economist known for his sociological perspective on economics and his critical analysis of economic theories. His work, 'The Theory of the Leisure Class,' had a profound impact on later economics and sociology. more
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