In point of substantial merit the law school belongs in the modern university no more than a school of fencing or dancing.

About Thorstein Veblen

Thorstein Bunde Veblenwas an American economist and sociologist who, during his lifetime, emerged as a well-known critic of capitalism.
In his best-known book, The Theory of the Leisure Class (1899), Veblen coined the concepts of conspicuous consumption and conspicuous leisure.

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More quotes from Thorstein Veblen

It is always sound business to take any obtainable net gain, at any cost and at any risk to the rest of the community.

Thorstein Veblen

American economist and sociologist

The outcome of any serious research can only be to make two questions grow where only one grew before.

Thorstein Veblen

American economist and sociologist

Labor wants pride and joy in doing good work, a sense of making or doing something beautiful or useful – to be treated with dignity and respect as brother and sister.

Thorstein Veblen

American economist and sociologist

Invention is the mother of necessity.

Thorstein Veblen

American economist and sociologist

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.

Thorstein Veblen

American economist and sociologist

In point of substantial merit the law school belongs in the modern university no more than a school of fencing or dancing.

Thorstein Veblen

American economist and sociologist

Born in iniquity and conceived in sin, the spirit of nationalism has never ceased to bend human institutions to the service of dissension and distress.

Thorstein Veblen

American economist and sociologist

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

Thorstein Veblen

American economist and sociologist

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

American economist and sociologist

In itself and in its consequences the life of leisure is beautiful and ennobling in all civilised men’s eyes.

Thorstein Veblen

American economist and sociologist

The dog commends himself to our favor by affording play to our propensity for mastery.

Thorstein Veblen

American economist and sociologist

The addiction to sports, therefore, in a peculiar degree marks an arrested development in man’s moral nature.

Thorstein Veblen

American economist and sociologist

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

Thorstein Veblen

American economist and sociologist