“Man has such a capacity for rationalization that when he finds himself affluent and able to spend as he pleases he is quick to justify his most indefensible expenditures on the ground that they give some people employment. There is probably no rich person who upon quaffing a glass of champagne does not experience a happy glow of pleasure at the thought of all the vintners, bottlers, freighters, and servants to whom his simple act has given livelihood.”

— Ferdinand Lundberg , America's 60 Families

America's 60 Families, p. 445 (Vanguard Press, 1938)

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Ferdinand Lundberg 4

American journalist 1905–1995

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Ferdinand Lundberg 4

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