Investing · Western classics

Thorstein Veblen:The Theory of the Leisure Class, Excerpt 119

Thorstein Veblen《The Theory of the Leisure Class》· The Theory of the Leisure Class · Investing

In the male child the predaceous interval is ordinarily fairly well marked and lasts for some time, but it is commonly terminated (if at all) with the attainment of maturity. This last statement may need very material qualification. The cases are by no means rare in which the transition from the boyish to the adult temperament is not made, or is made only partially--understanding by the "adult" temperament the average temperament of those adult individuals in modern industrial life who have some serviceability for the purposes of the collective life process, and who may therefore be said to make up the effective average of the industrial community.

Source: https://www.gutenberg.org/ebooks/833
Locator:Excerpt 119 · Verified:2026-10-19 · Verification:Short excerpt

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Does this passage change one judgment about money or risk today?

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