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Veblen

[ veb-luhn ]

noun

  1. Oswald, 1880–1960, U.S. mathematician.
  2. Thor·stein [thawr, -stahyn, -st, uh, n], 1857–1929, U.S. economist and sociologist.


Veblen

/ ˈvɛblən /

noun

  1. VeblenThorstein18571929MUSSOCIAL SCIENCE: economistSOCIAL SCIENCE: social scientist Thorstein (ˈθɔːstɪn). 1857–1929, US economist and social scientist, noted for his analysis of social and economic institutions. His works include The Theory of the Leisure Class (1899) and The Theory of Business Enterprise (1904)
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

Pappy has become a prime example of a certain kind of product that economists called a “Veblen good.”

With Veblen goods, the demand does the opposite, growing as the price goes up.

Several writers, Powers , and especially Veblen, place questions of national honor among the main causes of war.

The higher patriotic feeling runs, says Veblen , the thinner may be the moral sanction that satisfies the public conscience.

Veblen says it is a matter of habit to what particular nationality a man will become attached on arriving at years of discretion.

As Veblen puts it: "The emergence of the leisure class coincides with the beginning of ownership."

In saying all this, I am as far as possible from questioning the value of Veblen's work.

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vealyVeblenian