Thorstein Veblen on Conspicuous Consumption and Status

Conspicuous consumption of valuable goods is a means of reputability to the gentleman of leisure.”

Thorstein Veblen, The Theory of the Leisure Class ch. 4 (1899)

Excerpted from: Schapiro, Fred, ed. The Yale Book of Quotations. New Haven: Yale University Press, 2006.

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