Re:Is The Economist Always Wrong?
by seanmcdirmid on Wednesday July 08, 2026 @04:44AM
(#48829303)
You can confirm their biases, and need to do that to a certain extent to maintain readership. The quality of the media really depends in the demands of the customers consuming it.
The Economist does not need to be right, they only need their readers to believe they are right. That's not quite the same thing, and that small difference is what separates "skin in the game" from not having it.
They can get readers to believe they're right either by being right, or by being ambiguous enough to appear right in multiple futures. Professions where there's skin in the game don't have ambiguity and persuasiveness as an escape to the same degree.