Word: yorkerism
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...fewer students go on to take upper-level economics courses, and many scholars have noted that the science of economics is losing its popularity. John Cassidy recently wrote an article in The New Yorker called "The Decline of Economics" citing one of the reasons for economics' acquired unpopularity since Keynes' death as the perception that economists have established very few sophisticated theories that hold water. Therefore many important economic concepts remain inexplicable. "The most significant developments in the American economy over the past 20 years are the slow-down in productivity growth and the increase in wage inequality, and honest...
...needs time to find its way. A print magazine can take five years and many millions of dollars before turning a profit, and that's in a proven market where people actually pay for content. We need courage if we're going to create something wonderful. The New Yorker nearly died in 1925, the year it was born. Indeed, it did die for one day, before its patron reconsidered. The magazine at the time had a paltry circulation of 2,700--perhaps, as James Thurber once pointed out, because it started out so sophomoric and error prone...
Instead, Seabrook (a New Yorker writer and scion of the Seabrook frozen-food family) keeps his feet firmly planted in a very personal and often very funny account of his own assimilation into the culture of the Net. Sure, his head may spin a bit as he makes his initial encounters--his first E-mail exchange finds him in surprisingly casual conversation with Bill Gates; he samples the mysteries of cybersex disguised as a half-woman, half-faun named Bambi. But a little head spinning is to be expected at first, and Seabrook is never more on target than when...
DIED. MOLLIE PANTER-DOWNES, 90, novelist and correspondent for the New Yorker who wrote the magazine's Letter from London for more than four decades, chronicling Britain from Churchill to Thatcher; on Jan. 22; in a nursing home in Surrey, England...
...Whitewater scandal's most flamboyant characters has added a new twist to the story by changing his story, again. President Clinton's former friend and business partner Jim McDougal tells federal investigators that Clinton knew about an illegal loan issued to his then-wife Susan. According to the New Yorker magazine, McDougal now backs David Hale's story that Clinton pressured him to make a $300,000 loan to Susan McDougal. That's a departure from what both McDougal and Clinton testified under oath last year, when McDougal and former Arkansas governor Jim Guy Tucker were convicted of fraud...