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Thorstein Veblen  

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  • Thorstein Veblen (1857–1929), along with Max Weber, Vilfredo Pareto, and Werner Sombart, worked at the intersection of economics and sociology. Veblen's memorable concept of “conspicuous consumption” formed a lasting link between economics and sociology by focusing attention on status seeking, which motivates a great deal of economic behavior but must be understood in sociological rather than in purely economic terms. [Source: Encyclopedia of Social Theory; Veblen, Thorstein]

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https://concepts.sagepub.com/social-science/concept/Thorstein_Veblen

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