It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth. (Thorstein Veblen)

It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth.

Thorstein Veblen

Related topics

accession expenditure extend once response scale wealth

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