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( The Economist)
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd and edited in London. Continuous publication began under founder James Wilson in September 1843. While The Economist calls itself a "newspaper", each issue appears on glossy paper, like a newsmagazine. In 2007, it reported an average circulation of just over 1.3 million copies per issue[4], about half of which are sold in North America.[5] The publication belongs to The Economist Group, half of which is owned by the Financial Times, a subsidiary of Pearson PLC. A group of independent shareholders, including many members of the staff and the Rothschild banking family of England,[9] owns the rest. A board of trustees formally appoints the editor, who cannot be removed without their permission. In addition, about two-thirds of the seventy-five staff journalists are based in London, despite the global emphasis.[10] Articles often take a definite editorial stance and almost never carry a byline. Not even the name of the editor (from 2006, John Micklethwait) is printed in the issue. It is a longstanding tradition that an editor's only signed article during his tenure is written on the occasion of his departure from the position. The author of a piece is named in certain circumstances when notable persons are invited to contribute opinion pieces; when Economist writers compile special reports; 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 media directory pages of the website. The publication boasts a tight writing style that seeks to include the maximum amount of information in a limited space.[11] Atlantic Monthly publisher David G. Bradley described the formula as "a consistent world view expressed, consistently, in tight and engaging prose."[12]
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