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April 25, 2009
Odd observations re The Economist
Why Time and Newsweek Will Never Be The Economist: Matt Pressman | Vanity Fair
The Economist is like that exotic coffee that comes from beans that have been eaten and shat out undigested by an Indonesian civet cat, and Time and Newsweek are like Starbucks—millions of people enjoy them, but it’s not a point of pride. Reading The Economist or drinking cat-poop coffee shouldn’t be either, but as the quirky lead sentence of an Economist article might say, “Human beings are peculiar in many ways.”
Hmmm, odd, I never thought of the Economist having 'snob appeal.' It is a very useful magazine though,more so for this angle than anything else (although it is overdone in its utilitarian assertion)
What the lay reader may not realize when perusing The Economist’s dispatches from all corners of the globe is that these articles are serving up actionable information designed to help investors figure out what to do with their money. Case in point: this week’s piece on Sri Lanka laid out the dire humanitarian situation there in the wake of a mini civil war, but it also looked forward to what the government will need to do in order to achieve reconciliation and financial stability. Newly stable countries offer excellent investment opportunities; countries torn by endless insurgencies, not so much.
What escapes me is what purpose Newsweek and Time serve, although I suppose if you live in a city without a proper newspaper, they have some utility.
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Posted by The Lounsbury at April 25, 2009 06:29 PM
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Comments
They help serve the common man; oh no it's a cook book! I think most people would find the economist could just as well be from another planet. Of course that could be said about Time and Newsweek, on average, I suppose.
Posted by: Larry Dunbar at April 26, 2009 09:40 PM
Time serves are entertainment in the gym. Unless you're into US Weekly ...
Posted by: M. at April 27, 2009 05:40 AM
