When scholarly, kewpie-shaped Geoffrey Crowther took over as editor of the London Economist in 1938, its circulation was a low 10,000 and its influence on British political life was even lower. Under Crowther's sure hand and facile pen, Economist circulation soared to 50,640, and it became Britain's most influential periodical. Nine of every ten Britons who have a hand in major policies read it. About two years ago, Crowther began to spend less time at the Economist, more with his private business (he is a director of five companies—insurance, hotels, etc.). Last week...
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