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With consumption as the chief way to demonstrate, and to reinforce in the minds of one’s peers, that one belongs to the ‘better’ class of people, our institutions began to prescribe an element of ineptitude, showing exemption from useful labor.
FRIVOLITY definition: 1. behaviour that is silly and not serious, or things that are silly and not important: 2…. Learn more.
The core of late twentieth century economics consists of a set of assumptions which, taken together and seen as a whole, constitutes an image or vision of a self-regulating system in which friction and inertia are largely absent. Friction in both senses of the word...
- Keith Griffin
- 1993
What does the noun frivolity mean? There are two meanings listed in OED's entry for the noun frivolity . See ‘Meaning & use’ for definitions, usage, and quotation evidence.
FRIVOLITY meaning: 1. behaviour that is silly and not serious, or things that are silly and not important: 2…. Learn more.
FRIVOLITY meaning: 1 : a lack of seriousness the quality or state of being silly or frivolous; 2 : something that is unnecessary or silly.
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Jun 28, 2024 · Economics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily concerned with...