Tag Archives: North Carolina politics

Oct. 10, 2011 The New Yorker

On Oct. 10, 2011 The New Yorker’s John Cassidy wrote “The Demand Doctor” about British economist John Maynard Keynes, the author of The General Theory Of Employment in 1936. Economies do not recover on their own. He supported government spending to get economies going after downturns, depressions, recessions and collapse. You cannot cut your way to prosperity. He called for investments in infrastructure, schools, housing, roads and bridges that would lead to a multiplier effect. People with these jobs would spend their wages and create other jobs as their money worked its way into the economy from the bottom up.

Joshua Davis wrote “The Crypto-Currency” about Bitcoin and whether the mysterious founder might be Satoshi Nakomoto.

Jane Mayer wrote “State For Sale” about wealthy conservative Art Pope’s control of North Carolina politics.

Copyright 2011 DJ Cline All rights reserved.