i've observed that the economist is at times a badge of honor for libs - "see, i read a right-of-center publication!"
I think you're confusing The Economist with Drudge....
I do brag about reading a magazine with a lot more (big) words than pictures, but rarely do I take "pride" in it's location on the political spectrum. I have cited it to conservatives like Venerable when the Economist defends an economic position the left has taken by saying things like "these aren't my people saying this, it's your people" but that's not the same as using it as a badge of honor.
and its social positions are quite liberal/leftist.
For Americans, which, let's be honest is still quite a conservative country (note intentional use of the small "c"). It's fairly moderate by other non-Asian developed countries. But yes, their social positions would described as liberal in America.
Why don't you just admit that you're jealous of the rest of us because we read the Economist without lugging around a dictionary to look up all the big words? (how's that for elitist?)