Keynesian or pump priming philosophy, In other words, money should be held in the working class of the people. Their spending would set the pace for the economy because it would then determine how businesses and companies would set new demands and needs for the new hired workers. This was controversial and interesting because it was exactly the opposite of the previous Republican model of "Trickle Down economics"
The Phoenicians imported so much papyrus from Egypt that the Greeks used their name for the first great Phoenician port, Byblos, to refer to the ancient paper. The name Bible, or "the book," also derives from Byblos. Today, Spencer Wells says, "Phoenicians have become ghosts, a vanished civilization."