The Pursuit of Reason: The Economist 1843-1993 - Hardcover

Edwards, Ruth Dudley

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9780241129395: The Pursuit of Reason: The Economist 1843-1993

Hardcover

ISBN 10: 0241129397 ISBN 13: 9780241129395

Publisher: Hamish Hamilton, 1993

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The Pursuit of Reason. The Economist 1843-1993

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From the Back Cover:

Since its founding by James Wilson in 1843, The Economist has been the world's most enduring and distinguished proponent of free markets and free trade. In celebration of this influential paper's 150th anniversary, Ruth Dudley Edwards has written The Pursuit of Reason, an authoritative history over 10 years in the making. Now published for the first time in the United States, this edition features a new foreword by Bill Emmott, editor of The Economist since 1993. Edwards's narrative is the product of hundreds of interviews and exhaustive research - a herculean effort exacerbated by the fact that most of the paper's records had been destroyed in 1941 during the London Blitz. The Pursuit of Reason tells the stories of a distinguished group of men - and some women - who managed the paper and reported on the leading issues of their day. Of particular interest to those concerned with the future of the press is Edwards's account of the steps taken in 1928 by Wilson's descendants to preserve the independence of The Economist in a transfer of ownership, and of the endurance of this unusual trust arrangement over time as similar efforts throughout the newspaper industry have failed. The Pursuit of Reason is the story of a powerful newspaper, and of how quality journalism is made. It is also a chronicle of modern ideas and a sweeping history of the major international economic, business and political issues of the past 150 years.

Synopsis:

As well as a history of "The Economist", this book sheds light on the major economic, business and diplomatic issues of the last 150 years - from the Irish Famine (it did not know what to do) to women's suffrage (inconsistent), and from hanging (always against) to privatization (passionately for). The book is also an account of a group of men (and a few women - including the six sisters who owned it for almost 50 years). Starting with James Wilson (the founder), it includes Herbert Spencer, Asquith, Arnold Toynbee, Geoffrey Crowther, Barbara Ward Jackson and Isaac Deutscher. The most important, and most under-rated Victorian, was Walter Bagehot. Ruth Dudley Edwards is the author of "The Best of Bagehot" and "'The Economist' on America".

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