Word: thorstein
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...student has assimilated a broad spectrum of knowledge. One question from the sample testing asked the student to identify a quotation "In a flash it came upon me that there was a reason for advancing poverty with advancing wealth . . ." as coming from John Jacob Astor, William Jennings Bryan, Thorstein Veblen, Lincoln Steffens or Henry George. The answer is Henry George, and research showed that more than half the students in the top one-fifth of those taking the test got it right, compared with only 8% of those in the bottom one-fifth...
Spending money on beauty, according to the justices' decision, is nothing but a manifestation of Thorstein Veblen's "conspicuous waste." The justices' alternative doctrine was obviously conspicuous mediocrity. Editorialized the Architectural Forum: "Make no mistake, if this outrageous decision is permitted to stand, its effects on our three-dimensional cities will not be superficial, but disastrous." Seagram will appeal...
Bravo Giovanni offers a great voice in a tiny void. Metropolitan Opera Basso Cesare Siepi gets the chance to sing a menu. As a display of the conspicuous consumption of talent, this might have staggered Thorstein Veblen. What playgoers will find themselves conspicuously consuming at this musical comedy is their own time...
Died. Oswald Veblen, 80, leading U.S. geometrician and nephew of Economist Thorstein Veblen, member of the Princeton University faculty from 1905 until 1932, when he joined the new Institute for Advanced Study in Princeton, where he was instrumental in selecting the famed research center's original mathematics staff, which included Albert Einstein and John von Neumann; of a heart attack; in Brooklin...
...when he asserts that class structures are more flexible in Britain than in the U.S., and he over-sentimentalizes the American past, suggesting that only yesterday Horatio Alger was king. "Status striving" to him seems to be a modern menace, and he writes of it with scant mention of Thorstein ("conspicuous consumption") Veblen or of the massive, fascinating and often exhilarating social climbs described by Balzac, Stendhal, Jane Austen...