For the free-trading Manchester Liberals of the mid-nineteenth century, it was anticolonial. Liberals in Germany, on the other hand, were allied with both nationalists and imperialists. In the twentieth century, liberalism became a banner under which to march against Communism and Fascism.
Locke, a devout Christian, was not regarded as a philosopher of liberalism until the early twentieth century. The Economist proudly enlists itself in this combative Anglo-American tradition, having vigorously claimed to be advancing the liberal cause since its founding.
Using The Economist as a proxy for liberalism enables Zevin to sidestep much conceptual muddle about the doctrine. The magazine emerges as a force that—thanks to the military, cultural, and economic power of Britain and, later, America—can truly be said to have made the modern world, if not in the way that many liberals would suppose. In terms of its influence, The Economist has long been a publication like no other.
For years, the magazine was proud of the exclusivity of its readership. Now it has nearly a million subscribers in North America more than in Britain , and seven hundred thousand in the rest of the world. Since the early nineties, it has served, alongside the Financial Times , as the suavely British-accented voice of globalization scoring over the too stridently partisan and American Wall Street Journal. The present editor, Zanny Minton Beddoes, is the first woman ever to hold the position.
The staff, predominantly white, is recruited overwhelmingly from the universities of Oxford and Cambridge, and a disproportionate number of the most important editors have come from just one Oxford college, Magdalen. The pieces are mostly short, but the coverage is comprehensive; a single issue might cover the insurgency in south Thailand, public transportation in Jakarta, commodities prices, and recent advances in artificial intelligence. He was particularly vociferous in his opposition to the Corn Laws, agricultural tariffs that were unpopular with merchants.
The Corn Laws were repealed in , three years after the magazine first appeared, and Wilson began to proselytize more energetically for free trade and the increasingly prominent discipline of economics. He became a Member of Parliament and held several positions in the British government.
He also founded a pan-Asian bank, now known as Standard Chartered, which expanded fast on the back of the opium trade with China. In , Wilson became Chancellor of the Indian Exchequer. In the eighteen-forties, when Ireland was struck with famine, which was largely caused by free trade—the British insisted on exporting Irish food, despite catastrophic crop failure—Wilson called for a homeopathic remedy: more free trade.
Limit the profit, and you limit the exertion of ingenuity in a thousand ways. Below is a timeline charting the history of The Economist Group. Our History From its beginnings in , when The Economist newspaper was founded by a Scottish hat manufacturer to further the cause of free trade, The Economist Group has evolved into a global media company that develops intelligent brands for the intellectually curious.
The Group announces that it will buy-back 5. Exor will become the Group's largest shareholder after the completion of the transaction with a The acquisition fits in with the Group's long-term commercial strategy of building a broad range of services for its growing client base. By November , The Economist is read on more than 1m digital devices each month. The Group retains a minority stake in the new company The Group launches the Ideas People Channel to connect advertisers with an intellectually curious audience The Group agrees to acquire Congressional Quarterly from the Times Publishing Company.
BCE is closed. Zanny Minton Beddoes becomes the 17th editor of The Economist. The Group announces that it will buy-back 5.
Exor will become the Group's largest shareholder after the completion of the transaction with a John Micklethwait resigns as editor of The Economist after 27 years with the newspaper—including nine as editor-in-chief. Chris Stibbs, previously chief finance officer and managing director of the Economist Intelligence Unit, becomes Group chief executive on July 18th, succeeding Andrew Rashbass. The Economist Group expands The Economist Intelligence Unit with the acquisition of two healthcare information companies: Clearstate, a Singapore-based business focused on Asia, and a London-based organisation, Bazian.
The acquisition fits in with the Group's long-term commercial strategy of building a broad range of services for its growing client base.
Adding to its Washington portfolio under the CQ Roll Call brand, the Group acquires Illumen, a leader in innovative solutions for organisations seeking to engage their constituents. By November , The Economist is read on more than 1m digital devices each month. From August The Economist 's lifestyle magazine, Intelligent Life , moves from quarterly to bi-monthly publication.
The Group opens an office in Johannesburg to support its growing activities in the sub-Saharan region of Africa. The Group retains a minority stake in the new company.
The Group acquires the Journal of Commerce, a major information provider for shipping and transportation industries in the US. The Economist Group launches European Voice, the only weekly newspaper with an independent view of the European Union.
Press releases Contacts Media directories. Below is a timeline charting the history of The Economist Group. Alex Karp joined as a director. The Group launches the Ideas People Channel to connect advertisers with an intellectually curious audience.
Rupert Pennant-Rea, a former editor of The Economist , is appointed chairman.
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