The Economist responds to economist Eugene Fama, who said:
I didn’t renew my subscription to The Economist because they use the world bubble three times on every page.
Obviously, we are disappointed to have lost Mr Fama’s business. But I can’t say we regret the cause.
UPDATE: An Economist correspondent notes that as a die-hard believer in the Efficient Markets Hypothesis, Mr Fama is actually being quite rational in cancelling his subscription. As all publicly available information is already reflected in market prices, there’s not much point in trying to learn anything from our paper.