The Economist

The Economist
The Economist Logo.svg
The Economist Cover (Aug 1, 2020).jpg
Cover of the 1 August 2020 issue
TypeWeekly newspaper[1][2] (Friday)
Owner(s)The Economist Group
Founder(s)James Wilson
EditorZanny Minton Beddoes
Deputy editorTom Standage
FoundedSeptember 1843 (1843-09)
Political alignmentRadical centrism[3][4]
Economic liberalism[5][6]
Social liberalism[5][6]
Headquarters1-11 John Adam Street
Westminster, London, England
Circulation909,476 (print)
748,459 (digital)
1.6 million (combined) (as of July–December 2019[7])

The Economist is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by the Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim.

Founded in 1843, The Economist was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatly expanded its layout and format, adding opinion columns, special reports, political cartoons, reader letters, cover stories, art critique, book reviews, and technology features. The paper is often recognizable by its fire engine red nameplate and illustrated, topical covers. Individual articles are written anonymously, with no byline, in order for the paper to speak as one collective voice. It is supplemented by its sister lifestyle magazine, 1843, and a variety of podcasts, films, and books.

The editorial stance of The Economist primarily revolves around classical, social, and most notably economic liberalism. It has supported radical centrism as the concept became established in the late 20th century, favouring policies and governments that maintain centrist politics. The newspaper typically champions economic liberalism, particularly free markets, free trade, free immigration, deregulation, and globalisation. Despite a pronounced editorial stance, it is seen as having little reporting bias, and as exercising rigorous fact-checking and strict copyediting.[8][9] Its extensive use of word play, high subscription prices, and depth of coverage has linked the paper with a high-income and educated readership, drawing both positive and negative connotations.[10][11] In line with this, it claims to have an influential readership of prominent business leaders and policy-makers.

  1. ^ "The Economist Is a Newspaper, Even Though It Doesn't Look Like One". Observer. 2 September 2013. Retrieved 8 April 2020.
  2. ^ Iber, Patrick (17 December 2019). "The World the Economist Made". The New Republic. ISSN 0028-6583. Retrieved 8 April 2020.
  3. ^ "Is The Economist left- or right-wing?". The Economist. 2 September 2013. Retrieved 24 April 2016.
  4. ^ "True Progressivism". The Economist. 13 October 2012. Retrieved 16 October 2016.
  5. ^ a b Zevin, Alexander (20 December 2019). "Liberalism at Large — how The Economist gets it right and spectacularly wrong". Financial Times. Archived from the original on 10 December 2022. Retrieved 11 March 2020.
  6. ^ a b Mishra, Pankaj. "Liberalism According to The Economist". The New Yorker. Retrieved 9 April 2020.
  7. ^ "The Economist". Audit Bureau of Circulations. 2019. Retrieved 31 December 2019.
  8. ^ Pressman, Matt (20 April 2009). "Why Time and Newsweek Will Never Be The Economist". Vanity Fair. Retrieved 11 March 2020.
  9. ^ Leadership, The Berlin School Of Creative (1 February 2017). "10 Journalism Brands Where You Find Real Facts Rather Than Alternative Facts". Forbes. Retrieved 10 March 2020.
  10. ^ Burnell, Ian (31 January 2019). "Why The Economist swapped its famous elitist marketing for emotional messaging". The Drum. Archived from the original on 9 August 2020. Retrieved 11 March 2020.
  11. ^ Peters, Jeremy W. (8 August 2010). "The Economist Tends Its Sophisticate Garden". The New York Times. ISSN 0362-4331. Retrieved 13 March 2020.

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