On 4/25/07, Michael Perelman <[EMAIL PROTECTED]> wrote:
Everyone wants to be sophisticated, but only the rich can decide what 
constitutes
sophistication. Rich people are stylish, but designers for the rich scour the 
haunts
of the poor to find inspiration for new styles. What follows suggests that the 
rich
can even decide what words to use & when the non-rich catch on, the rich change 
the
rules again.
Lyall, Sarah. 2007. "Why Can.t the English Just Give Up That Class Folderol?" 
New
York Times (26 April).


Freakonomics has a chapter on baby names and how they get adopted
first by the social elite and eventually become commonplace enough to
lose their appeal etc.
http://slate.com/id/2116505/

(The authors somehow consider this phenomenon as a validation of
economics wisdom, but I fail to see the connection.)
-raghu.

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