This classic of economic thought is a scathing critique of American snobbery and wastefulness. Chief among the practices that Veblen so wittily satirizes is "conspicuous consumption", a pattern of behaviour that still flourishes among us. This classic of economic thought is a scathing critique of American snobbery and wastefulness. Chief among the practices that Veblen so wittily satirizes is "conspicuous consumption", a pattern of behaviour that still flourishes among us.
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