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About: The Economist editorial stance     Goto   Sponge   NotDistinct   Permalink

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Since its founding in 1843, the editorial stance of The Economist has been developed to further its founding purpose to "take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress". First published by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs, the weekly has made free trade a touchstone of their editorial stance. Its core stance has been summarized by The Guardian as a "trusted three-card trick of privatisation, deregulation and liberalisation".