Thorstein Veblen,
The Higher Learning In America…
(1918)
“ In the modern community, under the strain of the price system and the necessities of competitive earning and spending, many men and women are driven by an habitual bias in favour of a higher "practical" efficiency in all matters of education; that is to say, a more single-minded devotion to the needs of earning and spending. There is, indeed, much of this spirit abroad in the community, and any candidate for popular favour and prestige may find his own advantage in conciliating popular sentiment of this kind. ”
