Maxims and Reflections by Francesco Guicciardini, Mario Domandi, Nicolai Rubinstein

By Francesco Guicciardini, Mario Domandi, Nicolai Rubinstein

Softcover. collage of Pennsylvania Press.

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They take out notes in order to use the cash to make larger profits. But when these do not materialize or are slow in coming, they run the risk of being overwhelmed by their notes, which never MAXIMS AND REFLECTJONS cease and never diminish but always continue to run and to devour. • • • 56. WisE ECONOMY consists not so much in avoiding spendingfor that is often necessary-as in knowing how to spend weil; that is, to spend a grosso, and get twenty-four quattrini's worth. 8 • • • 57· How MUCH luckier astrologers are than other men!

And this is more true for heirs than it is for the founder of the fortune. For the more time passes, the more easily do changes come about. Furthermore, the founder, the man who acquired the fortune, is more attached to it. Just as he knew how to acquire it, so he also knows the art of keeping it intact. And being used to living frugally, he does not squander it. But heirs do not have the same attachment to a fortune they have come by effortlessly. They have been reared in wealth but have not leamed the art of eaming it.

1 think the reason may be that Fortune, who plays such a large role in ali matters, becomes angry with those who try to limit her dominion. a The reasoning behind these two conclusions is this: the Medici regime, being odious to most of the citizens, needed solid support among devoted partisans if it was to maintain itself. These would have had to be men who not only stood to gain a great deal from the govemment, but who also recognized that they would be ruined and could not remain in Florence if the Medici were expelled.

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