London's Economist last week complained of a problem: when it defends the Labor government against its critics, the British Socialists use it as evidence that the anti-Socialist Economist has all but gone Socialist; when it criticizes the Labor government, anti-Socialists in the U.S. cite the Economist as an authority to show that Socialism is no good. "From this dilemma there is only one escape," wrote the Economist, "and that is, for once, to give both sides of every medal."
On one half of the page, the tongue-in-cheek Economist printed the side of the medal destined "for American readersnot to be read...