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by fmajid
23 days ago
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The Economist is to the City of London (the financial center masquerading as a local authority, not the metropolis) what Pravda was to the Soviet Communist Party. Useless as a source of truth, but invaluable to find out who was going to be purged and you should disown stat. Similarly The Economist is useful as a barometer of conventional wisdom in as very specific demographic. Their science and arts section can be very good at times, however. |
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Of course, making money doesn’t necessarily mean having access to the best unbiased information, sometimes it simply means onboarding onto a bias before everyone else does (aka market intelligence).