ECONOMIST, THE

weekly magazine of news and opinion published in London and generally regarded as one of the world's preeminent journals of its kind. Despite its name, it gives excellent and wide-ranging coverage of general news and particularly of international political developments and prospects bearing on the world's economy. It was founded in 1843. The magazine's articles are directed primarily toward business executives and investors, but it is widely read by others, including Cabinet members of most governments. Its writing is consistently lucid, and its editorial position is moderately to the left. It features articles on political and economic developments in other countries and in the world at large nearly as frequently as it does those in the United Kingdom.