Economist Magazine Quotes

The gender pay gap in Korea is the highest among the OECD countries. According to 2014 data, women working in Korea earn only 63 percent of what men earn; the OECD average percentage is 84.13 Korea was also ranked as the worst country in which to be a working woman, receiving the lowest scores among the nations surveyed on the glass-ceiling index by the British magazine The Economist.14 8 “Repeated Protests against Tuition Increase,” Yonhap News, April 6, 2011.

An economy that depends on slavery needs to promote images of slaves that “justify” the institution of slavery. The contemporary economy depends right now on the representation of women within the beauty myth. Economist John Kenneth Galbraith offers an economic explanation for “the persistence of the view of homemaking as a ‘higher calling’”: the concept of women as naturally trapped within the Feminine Mystique, he feels, “has been forced on us by popular sociology, by magazines, and by fiction to disguise the fact that woman in her role of consumer has been essential to the development of our industrial society…. Behavior that is essential for economic reasons is transformed into a social virtue.

The implications of introducing a second intelligent species onto Earth are far-reaching enough to deserve hard thinking.”1 So ended The Economist magazine’s review of Nick Bostrom’s Superintelligence. Most would interpret this as a classic example of British understatement. Surely, you might think, the great minds of today are already doing this hard thinking—engaging in serious debate, weighing up the risks and benefits, seeking solutions, ferreting out loopholes in solutions, and so on. Not yet, as far as I am aware.

But that Friday of the beam meeting, a check in the amount of £5,000 mysteriously, and conveniently, turned up in his Lloyds account. The name on the deposited check was that of Brendan Bracken, Churchill’s parliamentary private secretary, but the true source was Bracken’s wealthy co-owner of the Economist magazine, Sir Henry Strakosch. Three days earlier, upon receiving a statement from Lloyds listing his overdraft, Churchill had called Bracken to his office. He was fed up with the distraction and pressure caused by his financial troubles and had far more important matters to confront. He told Bracken to fix the situation, and Bracken did.

Paul Krugman is a Nobel Prize-winning economist who in 1998 reacted to the growth of the internet, and the hype of the dotcom boom, with an article in Red Herring magazine entitled ‘Why Most Economists’ Predictions are Wrong’. He then proceeded to give a dramatic demonstration of his point by making what turned out to be a very wrong prediction himself: The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ – which states that the number of potential connections in a network is proportional to the square of the number of participants – becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy will have been no greater than the fax machine’s.

Almost all official statistics and policy documents on wages, income, gross domestic product (GDP), crime, unemployment rates, innovation rates, cost of living indices, morbidity and mortality rates, and poverty rates are compiled by governmental agencies and international bodies worldwide in terms of both total aggregate and per capita metrics. Furthermore, well-known composite indices of urban performance and the quality of life, such as those assembled by the World Economic Forum and magazines like Fortune, Forbes, and The Economist, primarily rely on naive linear combinations of such measures.6 Because we have quantitative scaling curves for many of these urban characteristics and a theoretical framework for their underlying dynamics we can do much better in devising a scientific basis for assessing performance and ranking cities. The ubiquitous use of per capita indicators for ranking and comparing cities is particularly egregious because it implicitly assumes that the baseline, or null hypothesis, for any urban characteristic is that it scales linearly with population size. In other words, it presumes that an idealized city is just the linear sum of the activities of all of its citizens, thereby ignoring its most essential feature and the very point of its existence, namely, that it is a collective emergent agglomeration resulting from nonlinear social and organizational interactions. Cities are quintessentially complex adaptive systems and, as such, are significantly more than just the simple linear sum of their individual components and constituents, whether buildings, roads, people, or money. This is expressed by the superlinear scaling laws whose exponents are 1.15 rather than 1.00. This approximately 15 percent increase in all socioeconomic activity with every doubling of the population size happens almost independently of administrators, politicians, planners, history, geographical location, and culture.

Anna Chapman was born Anna Vasil’yevna Kushchyenko, in Volgograd, formally Stalingrad, Russia, an important Russian industrial city. During the Battle of Stalingrad in World War II, the city became famous for its resistance against the German Army. As a matter of personal history, I had an uncle, by marriage that was killed in this battle. Many historians consider the battle of Stalingrad the largest and bloodiest battle in the history of warfare. Anna earned her master's degree in economics in Moscow. Her father at the time was employed by the Soviet embassy in Nairobi, Kenya, where he allegedly was a senior KGB agent. After her marriage to Alex Chapman, Anna became a British subject and held a British passport. For a time Alex and Anna lived in London where among other places, she worked for Barclays Bank. In 2009 Anna Chapman left her husband and London, and moved to New York City, living at 20 Exchange Place, in the Wall Street area of downtown Manhattan. In 2009, after a slow start, she enlarged her real-estate business, having as many as 50 employees. Chapman, using her real name worked in the Russian “Illegals Program,” a group of sleeper agents, when an undercover FBI agent, in a New York coffee shop, offered to get her a fake passport, which she accepted. On her father’s advice she handed the passport over to the NYPD, however it still led to her arrest. Ten Russian agents including Anna Chapman were arrested, after having been observed for years, on charges which included money laundering and suspicion of spying for Russia. This led to the largest prisoner swap between the United States and Russia since 1986. On July 8, 2010 the swap was completed at the Vienna International Airport. Five days later the British Home Office revoked Anna’s citizenship preventing her return to England. In December of 2010 Anna Chapman reappeared when she was appointed to the public council of the Young Guard of United Russia, where she was involved in the education of young people. The following month Chapman began hosting a weekly TV show in Russia called Secrets of the World and in June of 2011 she was appointed as editor of Venture Business News magazine. In 2012, the FBI released information that Anna Chapman attempted to snare a senior member of President Barack Obama's cabinet, in what was termed a “Honey Trap.” After the 2008 financial meltdown, sources suggest that Anna may have targeted the dapper Peter Orzag, who was divorced in 2006 and served as Special Assistant to the President, for Economic Policy. Between 2007 and 2010 he was involved in the drafting of the federal budget for the Obama Administration and may have been an appealing target to the FSB, the Russian Intelligence Agency. During Orzag’s time as a federal employee, he frequently came to New York City, where associating with Anna could have been a natural fit, considering her financial and economics background. Coincidently, Orzag resigned from his federal position the same month that Chapman was arrested. Following this, Orzag took a job at Citigroup as Vice President of Global Banking. In 2009, he fathered a child with his former girlfriend, Claire Milonas, the daughter of Greek shipping executive, Spiros Milonas, chairman and President of Ionian Management Inc. In September of 2010, Orzag married Bianna Golodryga, the popular news and finance anchor at Yahoo and a contributor to MSNBC's Morning Joe. She also had co-anchored the weekend edition of ABC's Good Morning America. Not surprisingly Bianna was born in in Moldova, Soviet Union, and in 1980, her family moved to Houston, Texas. She graduated from the University of Texas at Austin, with a degree in Russian/East European & Eurasian studies and has a minor in economics. They have two children. Yes, she is fluent in Russian! Presently Orszag is a banker and economist, and a Vice Chairman of investment banking and Managing Director at Lazard.

The most worrisome fact is that, according to an article5 by The Economist magazine, the average time between an attacker breaching a network and its owner noticing the intrusion is 205 days.

As we saw in the introduction, the evangelists of big data and other human information technologies (whether corporate, scientific, or governmental) are fond of suggesting that “data is the new oil.”9 This is a conscious choice of words to frame the debates over our human information policy in ways that benefit the companies, scientists, and governments who would collect it. It was popularized by a cover story in the Economist magazine in 2017 titled “The World’s Most Valuable Resource Is No Longer Oil, but Data.”10 Data is the new oil, the analogy goes, because the industrial age’s cars, trucks, planes, ships, and power plants were fueled by oil, but the electronic engines of the information age will be fueled by human data.

That consensus was just starting to fray when Milton Friedman, the Reaganites’ favorite economist, argued what was then still the contrarian viewpoint in the New York Times Magazine in 1970: “The social responsibility of business is to increase its profits.

The 2 September 2010 issue of prestigious British magazine, The Economist, published on page 29 an article with a large photograph of Prime Minister Manmohan Singh. Below the picture was the caption ‘India’s Disappointing Government’. The word ‘disappointing’ is an understatement. The epithet ‘criminal’ would have been appropriate.

The Economist, a magazine so giddy about its urgency that it refers to itself as a ‘newspaper’ and not a ‘magazine’, describes the sacred Shiva Lingam at Amarnath as a ‘penis-shaped lump of ice’.

U.S.-based readers now account for about 52 percent of The Economist ’s circulation, but the magazine continues to resolutely employ British spelling and usage. “It’s part of our marketing,” says the Economist correspondent Lane Greene, who originally hails from Marietta, Georgia. “We’re an outside view on America, and that’s signaled all the time by the style. It feels British and it reads British, and that’s by design.

Anyway, JBA was selling magazines to raise money for whatever it is they do there. You got three dollars for every subscription you signed people up for (and yes, they check to make sure it’s legitimate, so we couldn’t just sign Armando up for twenty subscriptions to Women’s Health). But you got five dollars for every subscription to The Economist, which personally I find fascinating but is too advanced for most 12-year-old minds. So we bought a copy of The Economist, removed the cover, and then stapled it around one of the magazines Tina’s dad keeps under his bed. Dirty magazine, fake cover. Then we left it in the boys’ bathroom and waited. By the end of the day, every boy in school was coming to us asking to subscribe to The Economist. Easy money.

Venture capitalists and investors have bought into the media-driven narrative that younger people are more likely to build great companies. Vinod Khosla, a cofounder of Sun Microsystems and venture capitalist, said, “People under 35 are the people who make change happen . . . people over 45 basically die in terms of new ideas.” Paul Graham, the founder of Y Combinator, the famous start-up accelerator, said that, when a founder is over the age of thirty-two, investors “start to be a little skeptical.” Zuckerberg himself famously said, with his characteristic absence of tact, “Young people are just smarter.” But, it turns out, when it comes to age, the entrepreneurs we learn about in the media are not representative. In a pathbreaking study, a team of economists—Pierre Azoulay, Benjamin F. Jones, J. Daniel Kim, and Javier Miranda (henceforth referred to as AJKM)—analyzed the age of the founder of every business created in the United States between the years 2007 and 2014. Their study included some 2.7 million entrepreneurs, a far broader and more representative sample than the dozens featured in business magazines. The researchers found that the average age of a business founder in the United States is 41.9 years old—in other words, more than a decade older than the average age of founders featured in the media. And older people don’t just start businesses more than many of us realize; they also succeed at creating highly profitable businesses more often than their younger peers do. AJKM used various metrics of success for a business, including staying in business for longer and ranking among the top firms in revenue and employees. They discovered that older founders consistently had higher probabilities of success, at least until the age of sixty.

Jackson expressed her frustration with magazine work, politics, the impending war, and all other annoyances of their life in New York in a single immortal couplet, verbosely titled "song for all editors, writers, theorists, political economists, idealists, communists, liberals, reactionaries, bruce bliven, marxist critics, reasoners, and postulators, any and all splinter groups, my father, religious fanatics, political fanatics, men on the street, fascists, ernest hemingway, all army members and advocates of military training, not excepting those too old to fight, the r.o.t.c. and the boy scouts, walter winchell, the terror organizations, vigilantes, all senate committees, and my husband": i would not drop dead from the lack of you— my cat has more brains than the pack of you.

Give the student the competitive edge with a gift subscription to The Economist.” It was the specific phrase “competitive edge” that caught my attention. It struck me as a clever way that The Economist's framing the game of subscribing as a Prisoner's Dilemma–with the magazine as the winner.

recent issue of the weekly magazine The Economist (2 June 2012) on ‘Morals and the machine’ raises some pertinent issues about the degree of autonomy reached by robots and calls for society to develop new rules to manage them.

and magazines and listen to the same economists.

This phenomenon was beautifully captured in a 1998 article for Red Herring magazine called “Why Most Economists’ Predictions Are Wrong.” It was written by Paul Krugman, himself an economist, who went on to win the Nobel Prize.* Krugman points out that too many economists’ predictions fail because they overestimate the impact of future technologies, and then he makes a few predictions of his own. Here’s one: “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’—which states that the number of potential connections in a network is proportional to the square of the number of participants—becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.

In an era where businesses thrive on data, transparency, and credibility, having access to authentic, reliable, and insightful business-wise accounts is more critical than ever. In 2025, the way we conduct business is influenced by rapid technological advancements, global shifts, and an increasing demand for trustworthy sources of information. Whether you’re an entrepreneur, a corporate leader, or an aspiring investor, knowing where to find authentic, up-to-date business content is key to success. Email: infopvasmmshop2024@gmail.com Telegram: pvasmmshop_Official This article explores the best platforms for accessing genuine, well-researched, and up-to-date business insights in 2025. From financial reports to leadership advice and industry trends, these resources offer real-time, reliable, and insightful content for businesses of all sizes. 1. Bloomberg Bloomberg has long been synonymous with financial data and analysis. In 2025, it continues to be one of the best platforms for authentic business information. Known for its depth of coverage across global markets, economic trends, and business developments, Bloomberg provides both high-level summaries and in-depth reports. Why Bloomberg? Comprehensive Coverage: Bloomberg offers everything from breaking news to deep market analysis and financial insights. It’s a one-stop-shop for business owners, investors, and anyone keen on understanding global economic shifts. Real-Time Data: For anyone interested in stocks, bonds, commodities, or forex trading, Bloomberg offers live, real-time data. Thought Leadership: Bloomberg also hosts opinion pieces and expert analyses from world-renowned economists, business leaders, and journalists. For anyone serious about staying on top of market movements, Bloomberg remains one of the most reliable and authentic resources. 2. Harvard Business Review (HBR) For entrepreneurs, managers, and anyone involved in business strategy, Harvard Business Review (HBR) remains a premier resource. In 2025, HBR is even more focused on thought leadership, innovation, and actionable advice that is rooted in academic research, data-driven insights, and real-world examples. Why HBR? Thought-Provoking Content: HBR publishes deep dives into topics such as leadership, organizational behavior, innovation, and entrepreneurship. Articles are written by seasoned experts, professors, and real-world business leaders. Actionable Insights: It doesn’t just talk theory; HBR gives practical advice on how to apply business principles to solve everyday challenges. Trustworthy Sources: Harvard Business Review maintains rigorous editorial standards, ensuring that the information provided is credible, authentic, and valuable to its readers. If you’re looking to learn about cutting-edge business strategies or gain perspectives on leadership, HBR is unmatched. 3. Forbes Forbes is a staple in the world of business media, and in 2025, it remains a top site for anyone interested in authentic, business-wise accounts. While it started as a print magazine, its digital presence is robust, providing a constant stream of articles on everything from entrepreneurship to technology to finance. Why Forbes? High-Quality Reporting: Forbes covers a wide array of topics, from corporate governance to tech startups, and frequently publishes in-depth profiles of successful entrepreneurs and CEOs. Rich Database of Resources: Besides its articles, Forbes also hosts annual lists such as the “Forbes 400,” “Forbes Global 2000,” and “Top 100 Most Innovative Leaders,” which offer a wealth of business insights. Expert Opinions: The platform regularly features expert commentary and analysis, making it a trusted resource for businesses looking to make informed decisions. Whether you’re searching for the latest trends in digital marketing or global economic forecasts, Forbes is an essential resource for authentic business content.