Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them.
Theme Words Related authors
Biography
Profession:
Economist
Nationality:
Austrian
Born:
September 29, 1881
Died:
October 10, 1973