it is an interesting place, he >> zanny minton beddoes is here. she is the editor in chief of “the economist.” the first woman in that role in its 121 year history. she joined the magazine 20 years ago. she replaces john micklethwait who is moving to bloomberg news as its editor in chief. i am pleased to welcome those hands back to this table. here is what he said, too. this newspaper deprives its editors of the egocentric adornments of our trade. these pages include no weekly editor's letters to readers under a beaming, airbrushed picture. you spend your time as an editor in deplorable obscurity, consoled by the fact that you have the nicest job in journalism. >> that is so true. it is a wonderful newspaper. we call it a newspaper. wonderful newspaper. it is an amazing group of journalists. that is what makes it wonderful. i am sure you know a lot of them. we do what i think is some of the best journalism in the world. we stand for causes i believe in. liberalism, classical english liberalism. >> what does that mean? start with the founder. >> 19