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The Economist is a weekly news and international affairs publication of The Economist Newspaper Limited in London. Subjects typically covered include international politics, business, finance, science and technology and the arts. The publication is targeted at the high-end "prestige" segment of the market and counts among its audience influential business and government decision-makers.
The Economist’s primary focus is world politics and business, but it also runs regular sections on science and technology as well as books and the arts. Every two weeks, the newspaper includes, as an additional section, an in-depth survey of a particular region or field of business.
Articles, which are often heavily opinionated, almost never carry a byline. This means that no specific person or persons can be named as the author. Not even the name of the editor (currently Bill Emmott) is printed in the issue. The author of a piece is named in certain circumstances: when notable persons are invited to contribute opinion pieces; when Economist writers compile surveys; and to highlight a potential conflict of interest over a book review. The names of Economist editors and correspondents can be located, however, via the staff pages of the website.
The newspaper has a trademark tight writing style that is famous for putting a maximum amount of information into a minimum of column inches. The one feature most articles have in common is the concluding witticism. Some have joked that as long as the writers can deliver that, their political or other opinions do not matter. The Economist publishes precisely one obituaryAn obituary is a notice of the death of a person, usually published in a newspaper and usually including a short biography. The obituary usually ends with the name of the subject's wife/husband and their children. Because of the short time between the not every week, of a famous (or infamous) person from any field of endeavour.
The Economist is also famous for its Big Mac indexThe Big Mac index is an informal way of measuring whether one currency is at the theoretically correct exchange rate with another currency. The measure assumes that the theory of purchasing power parity (PPP) holds. The central idea tenet of PPP is that t, which uses the price of a Big MacThe Big Mac is a type of hamburger sold since 1968 by the McDonald's chain of fast food restaurants. It consists of "two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun. The Big Mac is known worldwide. The Economist hamburger sold by McDonald's in different countries as an informal measure of purchasing power parity between two currencies. It has turned out to be a whimsical but surprisingly accurate index for comparison. In January 2004, this index was joined by a Starbucks "tall latte index".
The magazine is also a co-sponsor of the Copenhagen Consensus.
Each of the opinion columns in the newspaper is devoted to a particular area of interest. The names of these columns reflect the topic they concentrate on:
The magazine goes to press on Thursdays, is available online from Thursday evening GMT, and is available on newsstands in selected major markets ( New York City, London and Tokyo among them) the next day. It is printed in seven sites around the world.
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