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

We should have a great fewer disputes in the world if words were taken for what they are, the signs of our ideas only, and not for things themselves.
John Locke