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  1. Current and previous issues;
  2. A walk in the countryside.
  3. Analects archive | November | The Economist.

Brexit and Parliament : Boris Johnson and his Brexit plans suffer a blow in Britain September 24th, Podcasts September 24th, Global warming : Much talk, and a little action, at the UN climate summit. International September 24th, The Ukrainian connection : How close does the Ukraine scandal bring Donald United States September 23rd, Streaming consciousness : The Emmys reveal a fragmented television Prospero September 23rd, Daily chart : Do congressional retirements help predict American election Graphic detail September 23rd, Want more from The Economist?

Sponsored by:. Bagehot: Walter Bagehot would have loathed government by referendum Oct 19th , from Print edition. Bagehot: The machine splutters Nov 10th , from Print edition. Bagehot: Manhandling Britannia Oct 16th , from Print edition.

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The future of finance: Leviathan of last resort Apr 10th , from Print edition. Sep 5th , from The Economist explains. Bagehot: A wit may also be wise Mar 8th , from Print edition. Financial markets: More luck than judgment Oct 12th , from Print edition.

Street parties: Party like it's Mar 31st , from Print edition. Buttonwood: Another paradox of thrift Sep 16th , from Print edition. In January , The Economist launched a new weekly section devoted exclusively to China, the first new country section since the introduction of a section about the United States in When the news magazine was founded, the term " economism " denoted what would today be termed " economic liberalism ". The Economist generally supports free trade , globalisation , [33] and free immigration. The activist and journalist George Monbiot has described it as neo-liberal while occasionally accepting the propositions of Keynesian economics where deemed more "reasonable".

The Economist favours the support, through central banks , of banks and other important corporations. This principle can, in a much more limited form, be traced back to Walter Bagehot , the third editor of The Economist , who argued that the Bank of England should support major banks that got into difficulties. Karl Marx deemed The Economist the "European organ" of "the aristocracy of finance". The news magazine has also supported liberal causes on social issues such as recognition of gay marriages, [38] legalisation of drugs, [39] criticises the US tax model , [40] and seems to support some government regulation on health issues, such as smoking in public, [41] as well as bans on spanking children.

The Economist has endorsed the Labour Party in , the Conservative Party in and , [46] [47] and the Liberal Democrats in at general election time in Britain, and both Republican and Democratic candidates in the United States. What, besides free trade and free markets, does The Economist believe in? The extreme centre is the paper's historical position". That is as true today as when Crowther [Geoffrey, Economist editor —] said it in The Economist considers itself the enemy of privilege, pomposity and predictability.

It has backed conservatives such as Ronald Reagan and Margaret Thatcher. It has supported the Americans in Vietnam. But it has also endorsed Harold Wilson and Bill Clinton , and espoused a variety of liberal causes: opposing capital punishment from its earliest days, while favouring penal reform and decolonisation, as well as—more recently—gun control and gay marriage.

The Economist frequently accuses figures and countries of corruption or dishonesty. Though The Economist initially gave vigorous support for the US-led invasion of Iraq , it later called the operation "bungled from the start" and criticised the "almost criminal negligence" of the Bush Administration's handling of the war, while maintaining, in , that pulling out in the short term would be irresponsible.

In an editorial marking its th anniversary, The Economist criticised adherents to liberalism for becoming too inclined to protect the political status quo rather than pursue reform.

Analects archive | November | The Economist

Though it has many individual columns, by tradition and current practice the magazine ensures a uniform voice—aided by the anonymity of writers—throughout its pages, [59] as if most articles were written by a single author, which may be perceived to display dry, understated wit, and precise use of language. The Economist ' s treatment of economics presumes a working familiarity with fundamental concepts of classical economics.

For instance, it does not explain terms like invisible hand , macroeconomics , or demand curve , and may take just six or seven words to explain the theory of comparative advantage. Articles involving economics do not presume any formal training on the part of the reader and aim to be accessible to the educated layman. It usually does not translate short French and German quotes or phrases. It does describe the business or nature of even well-known entities, writing, for example, "Goldman Sachs, an investment bank". The Economist is known for its extensive use of word play , including puns, allusions, and metaphors, as well as alliteration and assonance, especially in its headlines and captions.


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  • This can make it difficult to understand for those who are not native English speakers. Articles often take a definite editorial stance and almost never carry a byline. Not even the name of the editor since , Zanny Minton Beddoes [64] is printed in the issue. It is a long-standing tradition that an editor's only signed article during their tenure is written on the occasion of their departure from the position.

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    The author of a piece is named in certain circumstances: when notable persons are invited to contribute opinion pieces; when journalists of The Economist compile special reports previously known as surveys ; for the Year in Review special edition; and to highlight a potential conflict of interest over a book review. The names of The Economist editors and correspondents can be located on the media directory pages of the website. The editors say this is necessary because "collective voice and personality matter more than the identities of individual journalists" [68] and reflects "a collaborative effort".

    The writers of the titled opinion columns tend to refer to themselves by the title hence, a sentence in the "Lexington" column might read "Lexington was informed The American author Michael Lewis has criticised the magazine's editorial anonymity, labelling it a means to hide the youth and inexperience of those writing articles. In Lewis quipped: "The magazine is written by young people pretending to be old people If American readers got a look at the pimply complexions of their economic gurus, they would cancel their subscriptions in droves".

    John Ralston Saul describes The Economist as a " This sales technique, reminiscent of pre-Reformation Catholicism, is not surprising in a publication named after the social science most given to wild guesses and imaginary facts presented in the guise of inevitability and exactitude. That it is the Bible of the corporate executive indicates to what extent received wisdom is the daily bread of a managerial civilization. Each of The Economist issue's official date range is from Saturday to the following Friday.

    The Economist posts each week's new content online at approximately Thursday evening UK time, ahead of the official publication date. In , the publication's circulation was 3,, and in it had risen to 6, Circulation increased rapidly after , reaching , by From around 30, in it has risen to near 1 million by and by to about 1. The Economist claims sales, both by subscription and at newsagents, in over countries.

    The Economist once boasted about its limited circulation. In the early s it used the slogan " The Economist — not read by millions of people". Sir Evelyn Robert de Rothschild was Chairman of the company from to The Economist frequently receives letters from senior businesspeople, politicians, ambassadors, and from spokespeople for various government departments, non-governmental organisations and lobbies. Well-written or witty responses from anyone are considered, and controversial issues frequently produce a torrent of letters. Many of the letters published are critical of its stance or commentary.

    After The Economist ran a critique of Amnesty International and human rights in general in its issue dated 24 March , its letters page ran a vibrant reply from Amnesty, as well as several other letters in support of the organisation, including one from the head of the United Nations Commission on Human Rights. It is extremely rare for any comment by The Economist to appear alongside any published letter.

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    Letters published in the news magazine are typically between and words long and began with the salutation "Sir" until the editorship of Zanny Minton Beddoes, the first female editor; they now have no salutation. Previous to a change in procedure, all responses to on-line articles were usually published in "The Inbox".

    The Economist ' s primary focus is world events, politics and business, but it also runs regular sections on science and technology as well as books and the arts. Approximately every two weeks, the publication includes an in-depth special report [81] previously called surveys on a given topic. Every three months, it publishes a technology report called Technology Quarterly [82] or TQ, a special section focusing on recent trends and developments in science and technology.

    The company records the full text of the news magazine in mp3 format, including the extra pages in the UK edition. The weekly MB download is free for subscribers and available for a fee for non-subscribers. The publication's writers adopt a tight style that seeks to include the maximum amount of information in a limited space.

    Bradley , publisher of The Atlantic , described the formula as "a consistent world view expressed, consistently, in tight and engaging prose". There is a section of economic statistics. Tables such as employment statistics are published each week and there are special statistical features too. It is unique among British weeklies in providing authoritative coverage of official statistics and its rankings of international statistics have been decisive. It is printed at seven sites around the world. Known on their website as "This week's print edition", it is available online, albeit with only the first five viewed articles being free and available to subscribers only mid-October — The Economist published in its first US college rankings, focused on comparable economical advantages defined as 'the economic value of a university is equal to the gap between how much its students subsequently earn, and how much they might have made had they studied elsewhere'.

    Based on set of strict criteria sourced from US Department of Education "College Scorecard" with relevant 'expected earnings' and multiple statistics applied in calculation of 'median earnings' conclusive evaluation method has been applied to run the scorecard's earnings data through a multiple regression analysis, a common method of measuring the relationships between variables. The Economist also produces the annual The World in [ Year ] publication. It also sponsors a writing award. The Economist sponsors the yearly "Economist Innovation Awards", in the categories of bioscience, computing and communications, energy and the environment, social and economic innovation, business-process innovation, consumer products, and a special "no boundaries" category.

    Nominations are held between 2 and 30 April. The award ceremony is then hosted on 15 November. Choices are based on the following factors: [99]. In , The Economist organised a global futurist writing competition, The World in Sections of The Economist criticising authoritarian regimes are frequently removed from the magazine by the authorities in those countries. The Economist regularly has difficulties with the ruling party of Singapore, the People's Action Party , which had successfully sued it, in a Singaporean court, for libel.

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    Like many other publications, The Economist is subjected to censorship in India whenever it depicts a map of Kashmir. FEW things unite cultures more than the frustration of sitting in a line of stationary traffic, with no discernible reason for the blockage and no end in sight. From London to Los Angeles, Berlin to Bangalore, seething anger at standstills is a common emotion felt by all drivers. The causes of traffic jams are well understood accidents; poor infrastructure; peak hour traffic; and variable traffic speeds on congested roads.

    But what is the cost of all this waiting around? More recently activists have appropriated the day as one of mass protest. Anonymous, an online "hacktivist" group, is encouraging people to march against their governments. The London faction of the "million mask march" will gather outside the Houses of Parliament, many of them wearing masks of a grinning Guy Fawkes. How did he become the face of post-modern protest? In Fawkes was part of a Roman Catholic group that plotted to blow up the House of Lords during the state opening of parliament. That sounds awful and indeed could cause Russia problems.

    Some economists, though, reckon that a weaker rouble could be good for Russia because of its recent "Dutch-disease" problems. But what exactly is Dutch disease? The Economist coined the term in to describe the woes of the Dutch economy. Large gas reserves had been discovered in Dutch exports soared. But, we noticed, there was a contrast between "external health and internal ailments".