Neo-conomix – It’s Whatever You Want It to Be

Writes Spencer Hahn:

Every week that I get The Economist (it is a free subscription through having tons of frequent flier miles), I know exactly what the editorial, entitled Leaders, will say. This week is no exception.Here’s my favorite passage: “This is a time to put dogma and politics to one side and concentrate on pragmatic answers. That means more government intervention and co-operation in the short term than taxpayers, politicians or indeed free-market newspapers would normally like.”

They have the nerve to call their publication a “free-market”! This reminds me of the lead-up to the American invasion of Iraq, which The Economist enthusiastically supported (“No war should be entered into lightly, or hastily, or on a slender pretext. In this case, however, none of that applies.” Leader, March 13, 2003).

Whatever the circumstances, you can always count on The Economist to toe the establishment line, while broadcasting its free-market “credentials.”

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