(in the UK, a registered newspaper)
|Owner||The Economist Group|
|Political allegiance||Classical Liberalism |
|Price||£3. A newsmagazine, also spelled news magazine, is usually a weekly Magazine featuring articles or segments on current events The Economist Group is a group of companies that sell publications and services under The Economist brand such as The Economist (called a newspaper for historical reasons but John Micklethwait (born 1962 London, England) is the editor-in-chief of The Economist. Classical liberalism (also known as traditional liberalism, Laissez-faire liberalism, Market liberalism or in much of the world 90|
|Headquarters||25 St James's Street|
|Circulation||over 1. This is a list of the daily Newspapers in the World by average circulation 2 million copies per week|
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd and edited in London. An International Standard Serial Number ( ISSN) is a unique eight-digit number used to identify a print or electronic Periodical publication. English is a West Germanic language originating in England and is the First language for most people in the United Kingdom, the United States London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. Continuous publication began under founder James Wilson in September 1843. James Wilson ( June 3, 1805 &ndash August 11, 1860) was a Scottish hat maker politician and economist as well as the founder of While The Economist calls itself a "newspaper" (and refers to its journalists as "correspondents"), each issue appears on glossy paper, like a newsmagazine. Paper is thin material mainly used for writing upon printing upon or packaging A newsmagazine, also spelled news magazine, is usually a weekly Magazine featuring articles or segments on current events In 2007, it reported an average circulation of just over 1. A Newspaper 's circulation is the number of copies it distributes on an average day 3 million copies per issue, about half of which are sold in North America. 
The Economist claims it "is not a chronicle of economics. " Rather, it aims "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress. " It practices advocacy journalism in taking an editorial stance based on free trade and globalisation. Advocacy journalism is a Genre of Journalism that intentionally and transparently adopts a non-objective viewpoint usually for some social It has been suggested that this article be merged with The Economist. Free trade is a system in which the trade of goods and services between or within countries flows unhindered by government-imposed restrictions Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones It targets educated readers and boasts that its audience contains influential executives and policy-makers. 
The "newspaper" belongs to The Economist Group, half of which is owned by the Financial Times, a subsidiary of Pearson PLC. The Economist Group is a group of companies that sell publications and services under The Economist brand such as The Economist (called a newspaper for historical reasons but The Financial Times ( FT) is a British international business Newspaper. Pearson plc () is a London -based media conglomerate. It is the largest book Publisher in the UK, India, Australia A group of independent shareholders, including many members of the staff and the Rothschild banking family of England, owns the rest. The Rothschild banking family of England was founded in 1798 by Nathan Mayer von Rothschild (1777-1836 who first settled in Manchester but then moved A board of trustees formally appoints the editor, who cannot be removed without their permission. Trustee is a Legal term that refers to a holder of property on behalf of a beneficiary. In addition, about two-thirds of the seventy-five staff are based in London, despite the global emphasis. 
The Economist's primary focus is world news, politics and business, but it also runs regular sections on science and technology as well as books and the arts. News is any new information or information on Current events which is presented by print, broadcast, Internet, or Word of mouth Politics Politics is the process by which groups of people make decisions A business (also called firm or an enterprise) is a legally recognized organizational entity designed to provide goods and/or services to Science (from the Latin scientia, meaning " Knowledge " or "knowing" is the effort to discover, and increase human understanding Technology is a broad concept that deals with a Species ' usage and knowledge of Tools and Crafts and how it affects a species' ability to control and adapt Art refers to a diverse range of Human activities creations and expressions that are appealing to the Senses or Emotions of a human individual Every two weeks, the "newspaper" adds an in-depth special report on a particular issue, business sector or geographical region. Every three months, it publishes a technology report called Technology Quarterly or TQ.
Articles often take a definite editorial stance and almost never carry a byline. The byline on a Newspaper or Magazine article gives the name and often the position of the writer of the article Not even the name of the editor (from 2006, John Micklethwait) is printed in the issue. Editing Language, Images or Sound through correction condensation organization and other modifications in various media John Micklethwait (born 1962 London, England) is the editor-in-chief of The Economist. It is a longstanding tradition that an editor's only signed article during his tenure is written on the occasion of his departure from the position. The author of a piece is named in certain circumstances: when notable persons are invited to contribute opinion pieces; when Economist writers compile special reports; and to highlight a potential conflict of interest over a book review. A conflict of interest is a situation in which someone in a position of trust such as a Lawyer, Insurance adjuster, a Politician, executive or director The names of Economist editors and correspondents can be located, however, via the media directory pages of the website.
The "newspaper" boasts a tight writing style that seeks to include the maximum amount of information in a limited space.  Atlantic Monthly publisher David G. The Atlantic (formerly known as The Atlantic Monthly) is an American Magazine founded in Boston in 1857 Bradley described the formula as "a consistent world view expressed, consistently, in tight and engaging prose. "
Since 1995, The Economist has published one obituary every week, of a significant person, not necessarily famous, from any field of endeavour. An obituary is an attempt to give an account of the texture and significance of the life of someone who has recently died In addition, The Economist is known for its Big Mac Index, which uses the price of a Big Mac hamburger sold by McDonald's in different countries as an informal measure of the purchasing power of currencies. The Big Mac Index is an informal way of measuring the Purchasing power parity (PPP between two currencies and provides a test of the extent to which market Exchange The Big Mac is a hamburger sold by the international Fast-food chain McDonald's. In Political geography and International politics, a country is a Political division of a geographical entity The purchasing power parity ( PPP) theory uses the long-term equilibrium Exchange rate of two currencies to equalize their Purchasing power. While whimsical, exchange rates in Western countries have been more likely to adjust to the Big Mac index than vice-versa.
The "newspaper" includes several opinion columns, whose names reflect the topic they concentrate on:
Two other regular columns are:
The magazine goes to press on Thursdays, is available online from Thursday between 6 and 7pm GMT, and is available on newsstands in many countries the next day. A newsagent ( British English) newsagency ( Australian English) or newsstand ( American English) is often a small business that sells It is printed at seven sites around the world.
The Economist also produces the annual The World in [Year] publication. In addition, it sponsors yearly "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. The Economist is an English-language weekly news and International affairs publication owned by The Economist Newspaper Ltd and edited in London It also sponsors a writing award.
In 1845 during Railway Mania, The Economist changed its name to The Economist, Weekly Commercial Times, Bankers' Gazette, and Railway Monitor. Railway Mania is the term given to the speculative frenzy in Britain in the 1840s A Political, Literary and General Newspaper. 
When the newspaper was founded, the term "economism" denoted what would today be termed "fiscal conservatism" in the United States, or "economic liberalism" in the rest of the world (and historically in the United States as well). It has been suggested that this article be merged with The Economist. Economism is a term used to criticize Economic Reductionism, that is the reduction of all Social facts to economical dimensions Fiscal conservatism (also known as economic conservatism is a political phrase term used in North America to describe advocacy of lower governmental spending practices and a The United States of America —commonly referred to as the Economic liberalism is the Economic component of Classical liberalism. The Economist generally supports free markets, globalisation, and free immigration, has been described as neo-liberal . A free market is a Market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers Globalization (or globalisation) in its literal sense is the process of transformation of local or regional phenomena into global ones Immigration refers to the movement of people among countries While the movement of people has existed throughout human history at various levels modern immigration implies long-term Originally coined by its critics and opponents " neoliberalism " is a label referring to the recent reemergence of Economic liberalism or Classical liberalism It also supports social liberalism, including legalized drugs and prostitution. Social liberalism, also called new liberalism (as it was originally termed high liberalism radical liberalism, modern liberalism, or This contrast derives in part from The Economist's roots in classical liberalism, disfavoring government interference in either social or economic activity. Classical liberalism (also known as traditional liberalism, Laissez-faire liberalism, Market liberalism or in much of the world According to former editor Bill Emmott, "the Economist's philosophy has always been liberal, not conservative. " Individual contributors take diverse views.
The Economist has endorsed both the Labour Party and the Conservative Party in recent British elections, and both Republican and Democratic candidates in the United States. The Labour Party is a Political party in the United Kingdom. Founded at the start of the 20th century it has been since the 1920s the principal party of the The Conservative Party (officially the Conservative and Unionist Party) is a Political party in the United Kingdom. The Democratic Party is one of two major Political parties in the United States, the other being the Republican Party. Economist. com puts its stance this way:
What, besides free trade and free markets, does The Economist believe in? "It is to the Radicals that The Economist still likes to think of itself as belonging. The extreme centre is the paper's historical position. " That is as true today as when former Economist editor Geoffrey Crowther said it in 1955. 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. In recent years, for example, it criticized World Bank president Paul Wolfowitz, Silvio Berlusconi, Italy's Prime Minister (who dubbed it The Ecommunist); Laurent Kabila, the late president of the Democratic Republic of the Congo; Robert Mugabe, the head of government in Zimbabwe and, recently, Cristina Kirchner, the president of Argentina. Paul Dundes Wolfowitz (born December 22, 1943) is a former United States Ambassador to Indonesia, U (born 29 September 1936 is an Italian politician, Entrepreneur, Real estate and Insurance Tycoon, Bank and Media proprietor Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest Laurent-Désiré Kabila ( November 27, 1939 – January 16, 2001) was President of the Democratic Republic of the Congo The Democratic Republic of the Congo (République démocratique du Congo often referred to as DR Congo, DRC or RDC, and formerly known or referred to See also Great Zimbabwe National Monument. For information about the March and June 2008 presidential elections see Zimbabwean presidential election Cristina Elisabet Fernández de Kirchner (born February 19 1953) commonly known as Cristina Fernández or Cristina Kirchner, is an Argentine For a topic outline on this subject see List of basic Argentina topics. The Economist also called for Bill Clinton's impeachment and later for Donald Rumsfeld's resignation after the emergence of the Abu Ghraib torture and prisoner abuse. Former President of the United States Bill Clinton was impeached by the House of Representatives on December 19, 1998 Donald Henry Rumsfeld (born July 9 1932 is a United States Businessman, Politician, the 13th Secretary of Defense under President Beginning in 2004 accounts of Abuse, Torture, Sodomy and Homicide of Prisoners held in the Abu Ghraib prison in Iraq  The Economist initially was a vocal supporter for the U. S. -led invasion of Iraq, but it has since called the operation "bungled from the start" and criticized the "almost criminal negligence" of the Bush Administration’s handling of the war, while maintaining, as of April 2008, that pulling out in the short term would be irresponsible.  In the 2004 U. S. election, the editors backed John Kerry.  The paper has also supported some left-wing issues such as progressive taxation, criticizing the U. S. tax model in a recent issue, and seems to support some government regulation on health issues, such as smoking in public, as well as bans on spanking children.  The Economist consistently favors guest worker programs and amnesties, especially in 2006 when one article was titled "Sense not Sensenbrenner. Frank James (Jim Sensenbrenner Jr (born June 14, 1943) is an American politician who has been a member of the Republican Party in the " In addition, it published an "obituary" of God in the last issue of 1999. 
The Economist does not print by-lines identifying the authors of articles other than surveys and special "by invitation" contribution. The editors say this is necessarily because "collective voice and personality matter more than the identities of individual journalists. " Authors refer to themselves within articles as "your correspondent. " The newspaper allows a rare exception to prevent conflicts of interest (such as when reviewing a book written by an Economist staffer. In addition, retiring editors are permitted a signed farewell article.
The editorial staff enforces a uniform voice throughout its pages, as if most articles were written by a single author, displaying dry, understated wit, and precise use of language.  The paper'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. The invisible hand is a Metaphor coined by the Economist Adam Smith. Macroeconomics is a branch of Economics that deals with the performance structure and behavior of a national or regional Economy as a whole In Economics, the demand curve can be defined as the graph depicting the relationship between the price of a certain Commodity, and the amount of it that In international trade the principle of comparative advantage refers to the fact that although one country may have an absolute disadvantage with another value can be created for both However, articles involving economics do not presume any formal training on the part of the reader and aim to be accessible to the educated layperson. The newspaper usually does not translate short French quotes or phrases, and sentences in Ancient Greek or Latin are not uncommon. It does, however, describe the nature or business of even well-known entities; writing for example, "Goldman Sachs, an investment bank. "
Many articles include some witticism; image captions are often humorous and the letters section usually concludes with an odd or light-hearted letter. These efforts at humor have sometimes had a mixed reception. For example, the cover of the September 20, 2003 issue, headlined by a story on the Cancún WTO ministerial meeting, featured a cactus giving the middle finger. Events 451 - The Battle of Chalons takes place in North Eastern France. Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. Cancún (pronounced as kanˈkun is a coastal city in Mexico 's easternmost state Quintana Roo, on the Yucatán Peninsula. In Western cultures, the finger (as in giving someone the finger) is a well-known Obscene Hand gesture made by extending the middle finger of  Readers sent both positive and negative letters in response. 
Each Economist issue's official date range is from Saturday to the next Friday. In the UK print copies are dispatched late Thursday, for Friday delivery to retail outlets. Elsewhere, retail outlets and subscribers receive their copies on Friday or (more often) Saturday, depending on their location. The Economist Web site posts each week's new content by Friday morning, ahead of the official publication date.
Circulation for the newspaper, audited by the Audit Bureau of Circulations (ABC), was over 1. The Audit Bureau of Circulations ( ABC) of North America is a not-for-profit circulation-auditing organization 2 million for the first half of 2007.  Sales inside North America were around 54 percent of the total, with sales in the UK making up 14 percent of the total and continental Europe 19 percent. The Economist claims sales, both by subscription and on newsstands, in over 200 countries. Global sales have doubled since 1997. Of its American readers, two out of three make more than $100,000 a year. 
The Economist once bragged about its limited circulation. In the early 1990s it used the slogan "The Economist - not read by millions of people. " "Never in the history of journalism has so much been read for so long by so few," wrote Geoffrey Crowther, a former editor. 
The Economist Newspaper Limited is a wholly owned subsidiary of The Economist Group. The Economist Group is a group of companies that sell publications and services under The Economist brand such as The Economist (called a newspaper for historical reasons but The publications of the group include the CFO brand family as well as the annual The World in. . . , the lifestyle quarterly Intelligent Life, European Voice, and Roll Call, touted "the Newspaper of Capitol Hill". Extraterrestrial life is Life originating outside of the Earth. European Voice is an English language newspaper owned by The Economist group Roll call is the calling of the names of people from a list ( Roll) to determine the presence or absence of the listed people (also known as a register in countries such as the Capitol Hill, aside from being a Metonym for the United States Congress, is the largest historic residential Neighborhood in Washington D Sir Evelyn de Rothschild was Chairman of the company from 1972 to 1989. Sir Evelyn Robert Adrian de Rothschild (born August 29 1931 is a British Financier and a member of the Rothschild banking family of England.
The Economist frequently receives letters from senior businesspeople, politicians and spokespeople for government departments, Non-Governmental Organisations and lobbies, but well-written or witty responses from anyone are considered, and controversial issues frequently produce a torrent of letters. For example, the survey of Corporate Social Responsibility, published January 2005, produced largely critical letters from Oxfam, the UN World Food Programme, UN Global Compact, the Chairman of BT, an ex-Director of Shell and the UK Institute of Directors. Corporate social responsibility (CSR also called corporate responsibility corporate citizenship responsible business and corporate social opportunity is a concept whereby Organizations Oxfam International is a confederation of 13 organizations working with over 3000 partners in more than 100 countries to find lasting solutions to poverty and injustice The United Nations Global Compact, also known as Compact or UNGC, is an United Nations initiative to encourage businesses worldwide to adopt sustainable BT Group plc (formerly British Telecommunications plc) which trades as BT (ˌbiːˈtiː bee tee) (previously known as British Telecom and still Royal Dutch Shell plc, commonly known simply as Shell, is a multinational oil company of Dutch and British origins The Institute of Directors (IoD is a UK -based organisation incorporated by Royal charter in 1903 to support represent and set standards for company directors .
Many of the letters criticise its stance on topics such as intelligent design and global warming. After The Economist ran a critique of Amnesty International and human rights in general in its issue dated March 24, 2007, 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 UN Human Rights Commission. Amnesty International (commonly known as Amnesty or AI) is a Western based international Non-governmental organization which defines its mission as "to Human rights refers to the "basic Rights and freedoms to which all humans are entitled Events 1401 - Mongol emperor Timur sacks Damascus. 1603 - James VI of Scotland Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. The United Nations Commission on Human Rights ( UNCHR) was a functional commission within the overall framework of the United Nations.  Letters published in the magazine are typically between 150 and 200 words long (and begin with the ritual salutation "Sir"). Most other letters received are published online in "The Inbox".
Sections of The Economist criticising authoritarian regimes, such as China, are frequently removed from the newspaper by the authorities in those countries. Talk People's Republic of China) PEOPLE'S REPUBLIC OF CHINA ARTICLE GUIDELINES Despite having its Asia-Pacific office in Singapore, The Economist regularly has difficulties with the Lee dynasty, which has successfully sued it for libel on a number of occasions. Singapore Lee Kuan Yew, GCMG, CH ( born September 16 1923 also spelled Lee Kwan-Yew) is a Singaporean of Chinese immigrant background 
On June 15, 2006 Iran banned the sale of The Economist when it published a map labelling the Persian Gulf simply as "Gulf" — a choice that derives its political significance from a claim by certain Arabs resulting in Persian Gulf naming dispute. Events 763 BC - Assyrians record a Solar eclipse that will be used to fix the Chronology of Mesopotamian history Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. For a topic outline on this subject see List of basic Iran topics. The Persian Gulf, in the Southwest Asian region is an extension of the The name of the body of water separating the Arabian Peninsula from Iran has been disputed by some Arab countries since the 1960s 
Robert Mugabe's government in Zimbabwe went further, and imprisoned Andrew Meldrum, The Economist's correspondent there. See also Great Zimbabwe National Monument. For information about the March and June 2008 presidential elections see Zimbabwean presidential election Andrew Meldrum (born 1951 is an American reporter and journalist The government charged him with violating a statute on "publishing untruth" for writing that a woman was decapitated by Mugabe supporters. The decapitation claim was retracted and allegedly fabricated by the woman's husband. Decapitation (from Latin, caput, capitis, meaning head or beheading, is the cutting off of the head of a person or animal The correspondent was later acquitted, only to receive a deportation order. Deportation, not to be confused with Extradition, generally means the expulsion of someone from a place or Country. 
Every two weeks, The Economist publishes special reports (previously called surveys) on a given topic. In Academia, a survey article is a paper that is a work of synthesis published through the usual channels (a Learned journal or collective volume such as conference The five main categories are Countries and Regions, Business, Finance and Economics, Science and Technology, and Other. The reports are series of (bylined} summary and analysis articles. The byline on a Newspaper or Magazine article gives the name and often the position of the writer of the article Every three months, it publishes a "Technology Quarterly," a special section focusing on recent trends and developments in science and technology.
Since July 2007 , there has also been a complete audio edition of the magazine available 5pm London time on Fridays, the day after the print magazine's publication. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. A group of British newsreaders records the full text of the magazine in mp3 format, including the extra pages in the UK edition. The weekly 130 MB download is free for subscribers and available for a fee for non-subscribers.
Competitors have a stereotype of Economist writers as hacks: overconfident young graduates of elite English universities who lack originality.  James Fallows argued that the newspaper suffers from British class snobbery, pretentiousness, and simplistic argumentation -- and that the editorial line is often contradicted by actual news stories. James Fallows is an American print and radio Journalist who has been associated with The Atlantic Monthly for many years and has written eight  Andrew Sullivan complained that it uses “marketing genius” to make up for deficiencies in analysis and original reporting, resulting in “a kind of Reader's Digest” for America’s corporate elite. Andrew Michael Sullivan (born August 10 1963 is a prominent Blogger, author and Political commentator.  He also said that Economist is editorially constrained because so many scribes graduated from the same school, Magdalen College, Oxford. Magdalen College redirects here see also Magdalene College Cambridge Magdalen College (ˈmɔːdlɨn "maudlin" is one of the constituent  The Observer's Stefan Stern wrote that "its writers rarely see a political or economic problem that cannot be solved by the trusted three-card trick of privatization, deregulation and liberalization. "
In addition, Newsweek editor Jon Meacham remarked that "The Economist doesn’t even attempt to do original reporting. Newsweek is an American weekly Newsmagazine published in New York City. " Elsewhere, the "newspaper" is said to have an “omniscient tone and pedantry. "  Editorial anonymity, said by the editor to reflect “a collaborative effort,” is said to hide the youth and inexperience of those writing articles. "The magazine is written by young people pretending to be old people," according to Michael Lewis. Michael Lewis may refer to Michael Lewis (singer-songwriter, American recording artist Michael Lewis (author (born 1960 American non-fiction  “If American readers got a look at the pimply complexions of their economic gurus, they would cancel their subscriptions in droves. "
The editors of the Economist have been: