In October, 1991, James Fallows wrote a hilarious takedown of the Economist that ran in the Washington Post’s Outlook Section. The essay attempted to explain why perfectly intelligent people, like Harvard’s Robert Reich (who at the time was in the middle of a squabble with Newsweek’s Robert Samuelson), would say things like: “I, for one, don’t get my economics news from Newsweek. I rely on the Economist – published in London.” (more...)