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Thorstein Veblen Quotes about Wealth

All Thorstein Veblen Quotes Business Community Effort Wealth quotes
The possession of wealth confers honor; it is an invidious distinction.

The possession of wealth confers honor; it is an invidious distinction.

Thorstein Veblen
Honor, Wealth, Distinction
Thorstein Veblen (1993). “A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism”, p.18, M.E. Sharpe

Abstention from labor is the conventional evidence of wealth and is therefore the conventional mark of social standing.

Thorstein Veblen
Wealth, Social, Mark
Thorstein Veblen (1993). “A Veblen Treasury: From Leisure Class to War, Peace, and Capitalism”, p.26, M.E. Sharpe

It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.

Thorstein Veblen
Wealth, Scales, Difficult
Thorstein Veblen (2016). “BUSINESS & ECONOMICS Premium Collection: 25+ Titles in One Volume: The Theory of Business Enterprise, The Higher Learning in America, The Vested Interests and the Common Man, On the Nature of Capital…: The Theory of the Leisure Class, The Beginning of Ownership, The Preconceptions of Economic Science, The Industrial System and the Captains of Industry, The Socialist Economics of Karl Marx…”, p.69, e-artnow

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