Associations to the word «Veblen»

Wiktionary

VEBLEN GOOD, noun. A good for which people's preference for buying them increases as a direct function of their price, as greater price confers greater status.

Dictionary definition

VEBLEN, noun. United States economist who wrote about conspicuous consumption (1857-1929).
VEBLEN, noun. United States mathematician (1880-1960).

Wise words

Words are always getting conventionalized to some secondary meaning. It is one of the works of poetry to take the truants in custody and bring them back to their right senses.
William Butler Yeats