Quote of the day
It is better to meet danger than to wait for it. He that is on a lee shore, and foresees a hurricane, stands out to sea and encounters a storm to avoid a shipwreck.
Thorstein Veblen
Born: July 30, 1857
Died: August 3, 1929 (aged 72)
Bio: Thorstein Bunde Veblen was an American economist and sociologist. He was famous as a witty critic of capitalism.
Known for:
- The Theory of the Leisure Class (1899)
- The Theory of Business Enterprise (1904)
- Absentee Ownership (1923)
- The Engineers and the Price System (1921)
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Thorstein Veblen Quotes