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

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates