Word: veblenism
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Certification is important. Thorstein Veblen wrote in The Theory of the Leisure Class that the main challenge facing wealthy people is displaying--thus demonstrating the existence of--their wealth. In Veblen's day they did it by "conspicuous leisure"--not working. But today there is no prestige in not working. The fashion is for rich people to keep working very hard. Veblen's other suggestion was "conspicuous consumption"--spending a lot. But in the 1990s many folks have become rich beyond the practical ability to show it off by spending. The richest man in America has built a house that...
...Mark F. Veblen '99 defeated Adam S. Vaina '97 in the election. Veblen will assume chief organizational responsibility for the 1998 international conference, which he said will likely again be held in Paris...
...Veblen, who will soon begin interviewing potential board members, said he and his staff have much to do before next year's spring break trip...
There has been a lot of undue controversy regarding the Statistics 100 project that Mark Veblen and I undertook last spring. Our endeavor was gravely misrepresented in Juan E. Garcia and Edgar Salivar's guest commentary titled "The March of La Raza" (Opinion, October 21, 1996), and in an article by Devi Sengupta, a co-president of the Minority Student Alliance in the Harvard Independent (October 3 1996). It is not surprising that both commentaries completely missed the point of our project since neither of the authors asked for a copy of the our report. One would think that...
Grossman and Veblen's report stated that the class is 9.5 percent African-American, and 21.8 percent Asian...