Quote#Nature
A standard of living is of the nature of habit. ...it acts almost…
Quote byThorstein Veblen · 1857–1929
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: The Theory of the Leisure Class (1899), p. 106.
English (original)
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.
— Thorstein Veblen
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