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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

It is better wither to be silent, or to say things of more value than silence. Sooner throw a pearl at hazard than an idle or useless word; and do not say a little in many words, but a great deal in a few.
Pythagoras