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Thorstein Veblen Quotes(https://upload.wikimedia.org/wikipedia/commons/thumb/e/e9/Veblen3a.jpg/220px-Veblen3a.jpg)
An American economist and sociologist, and a leader of the so-called institutional economics movement. Thorstein Bunde Veblen, born Torsten Bunde Veblen (July 30, 1857 – August 3, 1929) was an American economist and sociologist, and a leader of the so-called institutional economics movement. Besides his technical work he was a popular and witty critic of capitalism, as shown by his best known book The Theory of the Leisure Class (1899).
Here are some famous quotes by Thorstein Veblen.
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Conservatism is the maintenance of conventions already in force.
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All business sagacity reduces itself in the last analysis to a judicious use of sabotage.
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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.
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Born in inquity and conceived in sin the spirit of nationalism has never ceased to bend human institutions to the service of dissension and distress.