How The Economist Dishes Up Morals
The Economist is the world's best news magazine. Its stylish, capably argued, and well-informed coverage has made it the news Bible of the global elite. "I used to think. Now I just read The Economist," the former CEO of Oracle, Larry Ellison, once said.
Part of its appeal is its consistency. Ever since it was founded in 1843, The Economist has argued that the aim of public policy should be to promote the market economy as the best way of achieving prosperity and democracy. A light touch of government regulation may be needed, but only to ensure fairness and legal certainty. Thus it embodies the "classical nineteenth-century Liberal ideas" which made...
