Thorstein Veblen

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17d
The Columbian
Singletary: What allegations of Manafort’s lavish spending say about societyare we impressed with the higher-priced timepiece? In his 1899 book “The Theor
The Columbian / Posted 17 days ago
are we impressed with the higher-priced timepiece? In his 1899 book “The Theory of the Leisure Class,” American economist Thorstein Veblen coined the term “conspicuous consumption” to describe wealthy people who broadcast their bountiful life and... Read more
21d
The Manila Times
‘I’m busy’is weird. A century ago, leisure was defined as “the non-productive consumptio
The Manila Times / Posted 21 days ago
is weird. A century ago, leisure was defined as “the non-productive consumption of time.” According to sociologist Thorstein Veblen, abstention from work is the conventional signal of wealth. In his book The Theory of the Leisure Class, he... Read more

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