The Economist

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The Economist
The Economist Logo.svg
description newsmagazine
Area of ​​Expertise Economy , politics , governance , finance , also technology and culture
language English
publishing company The Economist Newspaper Limited ( United Kingdom )
Headquarters London
First edition September 2,  1843
founder James Wilson
Frequency of publication weekly on Fridays
Sold edition 1.3 million copies
Widespread edition 1.4 million copies
Editor-in-chief Zanny Minton Beddoes
Web link economist.com
Article archive June 1997 ff.
ISSN (print) 0013-0613
CODEN ECSTA

The Economist [ ði: ɪˈkɒnəmɪst ] is an English-language weekly newspaper from London with a focus on international politics and the world economy . The Economist is sold in most countries around the world, but most notably in North America (54%), the UK (19%) and continental Europe (15%), including Germany and France (2% each).

history

The newspaper was founded in 1843 by the Scot James Wilson , the first edition appeared on September 2, 1843. From 1861 to 1877 the economist and journalist Walter Bagehot was editor-in-chief; he was the founder's son-in-law.

As of March 23, 2006, John Micklethwait was editor-in-chief. He switched to Bloomberg News in early 2015 . He was followed by Zanny Minton Beddoes at The Economist on February 2, 2015 .

The owner is the publishing house Economist Group , whose largest shareholder is indirectly the Italian industrial family Agnelli . On September 15, 2018, issue No. 9109 was published as an anniversary issue for the 175th anniversary.

Edition

For the six regions of North America, United Kingdom , Continental Europe, Asia / Pacific , Middle East / Africa and Latin America different issues that are characterized by individual items of regional interest, by the order of the articles, the table of contents and in part by appearing front page differ .

The worldwide circulation was given as 1.4 million weekly in the first half of 2018, of which around 949,000 (67%) were printed and 462,000 (33%) digital copies. 97% of these were sold, the majority (90%) by subscription.

For Germany, the weekly circulation in the first half of 2017 was given as 28,000 (including digital editions).

profile

The focus of the reporting is politics , economy and finance , but also the topics science and technology as well as literature and art are dealt with in every issue.

The Economist is the last major print medium to publish its articles without naming the authors. Even the editor-in-chief is not mentioned by name in the magazine. Following the tradition of the paper, he only signed one article by name: that of his parting. The only exception to this are biweekly article series on changing key topics. These " surveys " are supervised by a named editor.

Alignment

In an editorial to mark its 175th anniversary, the 2018 Economist described itself as the voice of classical liberalism . The newspaper interprets liberalism through central points such as open trade markets for everyone, limited government and reformist action. This is contrary to and not in accordance with the left-wing " progressivism " of American universities or the right-wing "ultraliberalism" of the French Commentariat. In a “History of the Newspaper” the paper describes its editorial line as follows: It sees itself as a vehement defender of free trade and in the tradition of British radicalism and is located in the “extreme middle” of the political spectrum. It is against privilege, pomposity and predictability . The name Economist is derived from economic liberalism ( English economics).

When it was founded, the magazine radically emphasized the economic and individual liberties of the citizen of the whole of the United Kingdom and the advantages of Manchester liberalism for achieving economic prosperity. During World War II , the Economist gave the British Empire the second and the Americans the first leadership in world politics. In its history, the newspaper supported individual politicians from both the right and the left, such as socialists such as Harold Wilson in the 1960s or Ken Livingstone in the 2004 London mayoral election, but also conservative reformers such as Ronald Reagan , Margaret Thatcher or Bob Dole as well as moderate ones politicians of the center as Bill Clinton , Tony Blair and Barack Obama . The Italian Prime Minister Silvio Berlusconi described the magazine as an 'ecommunist' in 2006 after having been severely criticized in the newspaper.

The Economist backed Great Britain's accession to the European Economic Community at the time with the proposal of a federal alternative for the communities to an intergovernmental organization of the French, also in order to control Germany's Ostpolitik . In addition, one saw the sales potential of the market. The Economist rejects the Brexit decision and refers to the failed deal in January 2019 as the “mother of all messes”.

In recent times, the magazine has sometimes taken state interventionist positions . In addition to laissez-faire and Keynesian economics, there are also pluralistic positions, such as the legal equality of same-sex marriage , the reduction of subsidies in public industries, legalization of all drugs and prostitution, and an active immigration policy is advocated. The Iraq war in 2003 or Turkey's membership of the EU were approved. The climate change should be within the meaning of emissions trading to be fought. In 2013, an author of Forbes Magazine assumed an egalitarian view of economists who wrote anonymously , and a one-sided seizure of positions that mean economic growth without simply stating that it is only a mathematical variable. The contrary view, such as increasing the local population, would be neglected, with all sorts of missed economic opportunities.

Indices

The Economist is known, among other things, for the Big Mac Index it developed and published regularly . It uses the prices of a Big Mac in different countries as a measure of the purchasing power of the currencies of these countries.

Since 2006, the Economist has also created a democracy index that measures the degree of democracy in 167 countries (see also Democracy Measurement ). Since 2007, an international committee made up of peace experts, peace institutes and other expert commissions has been creating the Global Peace Index in cooperation with the “Center for Peace and Conflict Studies” at the University of Sydney and the Economist .

See also

Web links

Commons : The Economist  - collection of pictures, videos and audio files

Individual evidence

  1. ↑ a b economist.com: From the archive - Our first issue - Sep 2nd 1843
  2. ^ A b The Economist Worldwide Brand Report. (PDF; 4.4 MB) July - December 2017. ABC Ltd., February 13, 2018, accessed on June 27, 2018 (English).
  3. ^ A b The Economist Media Center. August 10, 2017, accessed June 27, 2018 .
  4. ^ A b The Economist Media Center. August 16, 2018, accessed September 24, 2018 .
  5. ↑ a b About The Economist. Retrieved January 14, 2018 .
  6. ^ Joseph Hamburger: Bagehot, Walter (1826–1877), political commentator, economist, and journalist . In: Oxford Dictionary of National Biography . doi : 10.1093 / ref: odnb / 1029 .
  7. ^ Zanny Minton Beddoes appointed new editor of The Economist
  8. ↑ The Economist (Ed.): Imprint . tape 428 , no. 9109 , September 15, 2018, ISSN  0013-0613 , p. 5 .
  9. ^ The Economist - World Wide Sales Group. (PDF; 318 kB) ABC, February 15, 2018, p. 2 , accessed on July 1, 2018 (English).
  10. ↑ Why are The Economist's writers anonymous? The Economist, September 4, 2013, accessed April 17, 2015 .
  11. ↑ A Manifesto for renewing liberalism. The Economist, September 13, 2013, accessed February 8, 2019 .
  12. ↑ Il Dolce Berlusconi. The Economist, April 6, 2013, accessed February 8, 2019 .
  13. ↑ Brexit Mother of All Messes. The Economist, January 17, 2019, accessed February 8, 2019 .
  14. ^ Finally, Economists Acknowledge That They're Biased. Forbes Magazine, March 18, 2013, accessed February 8, 2019 .