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Comment by zmb_

10 years ago

My experience is the opposite. And I'm definitely not blind to the Gell-Mann Amnesia, I notice it on Wikipedia all the time.

I've noticed that in The Economist the articles about my field of technology, work, and my small home country, have been accurate to the point that I suspect they have had experts in the field involved in creating them. That gives me confidence in the articles about issues I'm not intimately familiar with.

That is why The Economist is one of the few news sources I read after cutting out following daily news completely. As a result I'm much better informed about the facts and issues than I was when reading huge amounts of daily news. It boils down to a difference between consuming mostly noise and consuming mostly signal.

Interesting. My own area of knowledge is renewable energy, a topic which appears with moderate frequency in TE. I would say 8/10 articles are merely repackaging reports published by major global consultancies like McKinsey, Navigant, etc. that I had seen two or three months earlier through my employer (a large multinational energy company). I would not say the information is not correct, but it hardly insightful and often presents an incomplete picture which looks at the industry primarily from the perspective of financiers.

  • Well that's why it's not called The Technologist I guess :) It's hard to expect non-specialist publication to write anything non-trite to an expert in the field, but just not botching up the basic facts is often refreshing.

  • Repackaging reports and press releases (without attribution!) is major problem in news everywhere.

  • perhaps not insightful to you, someone with knowledge of the area. but how about others? how about me? where should I gain my insights into all of the various industries that I don't have direct knowledge of today?

I'd like to echo this sentiment. In fact, this is the exact reason that I happily pay for The Economist. Even when reporting on topics with which I'm quite familiar, The Economist nails it in terms of accuracy.

For instance, recently there was a writeup on quantum computing in which they made a somewhat hyperbolic claim regarding D-Wave. This gave me pause; however, the point was clarified in subsequent paragraphs, thus restoring my confidence in their analysis.

Much like the parent poster, I too have dropped many of my daily news sources, but not The Economist. I've yet to find a publication which matches it in terms of coverage and accuracy--not to mention their exceptionally high-quality audio recordings of each edition (perfect for commuting!).

yes and no.

Ive noticed the economist has a habit of playing policy games.

In that case they publish nonsense to further certain policy aims.

But often its well researched unbiased material.

not that easy to tell the difference.

but infinately better than the junk put out by the likes of the bbc fox cnn times etc.

  • Totally agreed.

    But the nice thing about the newspaper (The Economist refers to itself as a newspaper, not a magazine) is that they provide pure opinion journalism and as a reader you know exactly where they are coming from.

    While I agree a lot with the publication (for example: they argued to liberalize drugs, or advocated gay marriage literally decades before it was chic). I encounter my share of (what I lovingly refer to as) full-of-shit opinions, with which I wholeheartedly disagree.

    Overall, though, it's one of the last remaining publications, on which I put a certain amount of trust because they usually know what they're writing about and even on the subjects on which I (partially vehemently) disagree it's always an interesting read.

    Because they argue their position intelligently and competently. It won't make me a believer, but it's useful and interesting to get the counterpoint from a reputable and trustworthy publication and sometimes get your dogmas slightly shaken in the process.

    • Additionally, I feel they present opposing opinions with proper weight and fairness (before arguing against these points), so you never quite feel totally in the dark about the full controversy.