Consumption good

Definition and stakes

Charles Reynolds Brown,  Five Young Men: Messages of Yesterday for the Young Men of To-day

“ How much do I consume in those provisions which I make for a wider culture through books, pictures, music and the like?" What is your average intake of this world's good things? That measure of consumption will indicate the measure of your responsibility. If you are born to the purple and fare sumptuously in all these ways then the world has a right to demand that you shall render back in corresponding measure that useful service which is your plain duty. ”
Source: Gutenberg

Portrait of John Bates Clark John Bates Clark,  Essentials of Economic Theory

“ The general fact, however, that goods for final use are, as a rule, injured or destroyed either by the act of consumption or by the exposures that are incidental to it, justifies the use of this term to express the receiving of a service from the usable article. It is a process in which the commodity acts on men's sensibilities and, as a general rule, exhausts itself while so doing. It is worth remembering that this exhaustion of the good is not the essential part of consumption. ”
Source: Gutenberg

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