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Ebenezernomics

Written by Ashwin Rattan Wednesday, 26 December 2012 00:01
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LONDON, September 1843: a queer little journal called The Economist is published for the first time.

 

Meanwhile, less than a mile away, a 31-year-old writer, Charles Dickens, faces mounting debts and his wife is expecting their fifth child.

 

He begins writing Christmas stories in an attempt to ease the financial strain.

 

On December 19th "A Christmas Carol" appears and introduces to the world one of literature's most notorious misers, Ebenezer Scrooge. 

 

The initial run of 6,000 copies—financed by the author himself—sells out by Christmas eve. (It takes The Economist until 1920 to match similar circulation figures.)

 

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