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