Thursday, June 26, 2008

Economist

I read an issue of this magazine for the first time in a long time recently. What a piece of shit. There isn't an original thought in it; it's Time magazine with anglicized spelling and a slightly heavier business and international emphasis. But the quality of it is essentially identical -- page after page of bland, conventional wisdom, even in cases where the writer has to know conventional wisdom has been proven wrong. They are, however, a little less free market oriented than they used to be, but that, again, is a sign of them bending with the times. The funny, and sad, thing is there are people who consider themselves smart and informed because they read Economist instead of American equivalents. Buy Newsweek instead. You'll be just as ignorant and misinformed when you're done reading it, but you'll save a few bucks.