Top 50 Thorstein Veblen Quotes (2026 Update) [Page 2]

51. “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

52. “In the rare cases where it occurs, a failure to increase one’s visible consumption when the means for an increase are at hand is felt in popular apprehension to call for explanation, and unworthy motives of miserliness are imputed.”

— Thorstein Veblen

53. “Athletics have an obvious advantage over the classics for the purpose of leisure-class learning, since success as an athlete presumes, not only a waste of time, but also a waste of money, as well as the possession of certain highly unindustrial archaic traits of character and temperament.”

— Thorstein Veblen

54. “The upper classes are by custom exempt or excluded from industrial occupations, and are reserved for certain employments to which a degree of honour attaches.”

— Thorstein Veblen

55. “The institution of a leisure class is found in its best development at the higher stages of the barbarian culture; as, for instance, in feudal Europe or feudal Japan.”

— Thorstein Veblen

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