“The institution of a leisure class is the outgrowth of an early discrimination between employments, according to which some employments are worthy and others unworthy.”

About Thorstein Veblen

Economist • American

Thorstein Veblen was a Norwegian-American economist and sociologist, renowned for his institutional economics approach. He is most famous for his 1899 book, "The Theory of the Leisure Class," which introduced the...