Money talk
March 25, 2010
The Economist has told off New Zealand for not being as ecologically "pure" as its advertising claims. The editorial is on the money (the reader comments are good, too) but if we're getting ad hominem about it a green scolding is a new and ironic twist for a newspaper that has been skeptical about global warming until only recently. Its editors also once considered invading Iraq to be a cracking good idea but they have formally reversed themselves on that position too.
I haven't been reading The Economist regularly since being in London but I have done most weeks since the mid-1980s. New Zealand would get a tiny mention now and then, usually a brief footnote puzzling why the country has not done better since embracing the free market Just Like We Told It To. (One of life's little mysteries, I guess.) The Economist calls itself a newspaper even though it's in a magazine format, which drives me nuts, and it has the funniest Situations Vacant pages ever. (Director General of the Council of the Baltic Sea States? Where's that CV?) It makes lots of rawk rawk British upper class jokes which sound funny until you are actually in England and realise that they're not joking. If its subs were dryer they would be in sachet form. (When Arnold Schwarzenegger broke his leg skiing the headline ran "Hasta la Piste.") They can spell and shit, and make jokes in Latin, and are great at writing about books and the arts in the way that literary and arts magazines, contrarily, write well about global finance. Also they wouldn't let me get away with mangling a sentence like that, but this is a blog, and come to think of it, I can also remember their editorials predicting that the Internet would never be important either. The Economist is like a professorial but boozy uncle who goes off sometimes. The Christmas edition is especially good. I recommend reading it online to corrupt their business model.
On Monday in a fit of Keeping Up To Date I bought this week's edition of said newspaper, the IHT and the Financial Times. The Economist said the recession was over; the IHT said everything that went wrong and caused the recession still hadn't been fixed so hey, dude, look out; and the Financial Times said there has not been a recession and here is a Rolex ad and a bar chart to prove it. I'm paraphrasing, but only slightly. I had to lie about my age to buy the FT: it makes sense only if your memory goes back no further than 15 years.
I haven't been reading The Economist regularly since being in London but I have done most weeks since the mid-1980s. New Zealand would get a tiny mention now and then, usually a brief footnote puzzling why the country has not done better since embracing the free market Just Like We Told It To. (One of life's little mysteries, I guess.) The Economist calls itself a newspaper even though it's in a magazine format, which drives me nuts, and it has the funniest Situations Vacant pages ever. (Director General of the Council of the Baltic Sea States? Where's that CV?) It makes lots of rawk rawk British upper class jokes which sound funny until you are actually in England and realise that they're not joking. If its subs were dryer they would be in sachet form. (When Arnold Schwarzenegger broke his leg skiing the headline ran "Hasta la Piste.") They can spell and shit, and make jokes in Latin, and are great at writing about books and the arts in the way that literary and arts magazines, contrarily, write well about global finance. Also they wouldn't let me get away with mangling a sentence like that, but this is a blog, and come to think of it, I can also remember their editorials predicting that the Internet would never be important either. The Economist is like a professorial but boozy uncle who goes off sometimes. The Christmas edition is especially good. I recommend reading it online to corrupt their business model.
On Monday in a fit of Keeping Up To Date I bought this week's edition of said newspaper, the IHT and the Financial Times. The Economist said the recession was over; the IHT said everything that went wrong and caused the recession still hadn't been fixed so hey, dude, look out; and the Financial Times said there has not been a recession and here is a Rolex ad and a bar chart to prove it. I'm paraphrasing, but only slightly. I had to lie about my age to buy the FT: it makes sense only if your memory goes back no further than 15 years.



