A standard of living is of the nature of habit.... it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once become habitual.


p. 106. - The Theory of the Leisure Class (1899)


A standard of living is of the nature of habit.... it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once...

A standard of living is of the nature of habit.... it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once...

A standard of living is of the nature of habit.... it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once...

A standard of living is of the nature of habit.... it acts almost solely to prevent recession from a scale of conspicuous expenditure that has once...