RE: [Pen-l] best paragraph of the day.

["Perelman, Michael" <MPerelman@xxxxxxxxxxxx>]

Whoops.  Sorry.

Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901

http://michaelperelman.wordpress.com

-----Original Message-----
From: pen-l-bounces@xxxxxxxxxxxxxxxxxx
[mailto:pen-l-bounces@xxxxxxxxxxxxxxxxxx] On Behalf Of Marv Gandall
Sent: Saturday, April 11, 2009 4:25 AM
To: Progressive Economics
Subject: Re: [Pen-l] best paragraph of the day.

Michael Perelman cited:

> 110: "If a period of growth is followed by a period of depression,
there
> are two possibilities: either the ruling group will modify its
attitudes
> and behavior, or it will be replaced by another group. The classic
> formulation of the will be replaced by another group. The classic
> formulation of the aristocrat, Tancredi, tells an older-generation
> aristocrat, Fabrizio, 'we have to change everything in order to keep
> everything as it is'."
>
> Burke, Peter. 1974. Venice and Amsterdam, A Study of Seventeenth
Century
> Elites (London: Temple Smith).
===================================
Think you meant to transcribe it as follows:

"If a period of growth is followed by a period of depression, there are
two
possibilities: either the ruling group will modify its attitudes and
behavior, or it will be replaced by another group. The classic
formulation
of the aristocrat, Tancredi, tells an older-generation aristocrat,
Fabrizio,
'we have to change everything in order to keep everything as it is'."

And Tancredi on further reflection probably would have expressed the
sentiment more accurately thus: "We have to change SOME things in order
to
keep everything as it is"...





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