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To bring reputation, spending has to be on superfluities and be wasteful
Drawn from what Thorstein Veblen said
What Thorstein Veblen actually said
- Thorstein Veblen American economist and sociologist (1857 to 1929)
Throughout the entire evolution of conspicuous expenditure, whether of goods or of services or human life, runs the obvious implication that in order to effectually mend the consumer's good fame it must be an expenditure of superfluities. In order to be reputable it must be wasteful.
Where this was said
↗The Theory of the Leisure Class (1899)gutenberg.org
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