Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Monday, February 27, 2006

Franklin Foer Is Named Top Editor of New Republic

Ah. A good choice:

Franklin Foer Is Named Top Editor of New Republic: Franklin Foer, a senior editor with the magazine, is quietly taking over the shop next week.... [T]he magazine that Mr. Foer, 31, takes over is hardly on a roll. The New Republic's circulation has dropped by almost 40 percent in four years; it cut its circulation and staff salaries after aggressively spending on the Web in 2002. Meanwhile, its historical role as a maypole for middle-way Democrats is under challenge from countless Web sites and bloggers.... But the magazine is financially stable, its owners say, in part because there are now four of them. Roger Hertog and Michael Steinhardt, successful New York financiers with an interest in policy and media, were enticed in 2002 to share in The New Republic's glories and seemingly inevitable losses with its longtime owner and editor in chief, Martin Peretz. More recently, CanWest, a Canadian media conglomerate bought a share as well.

To look at The New Republic, with a weekly circulation of 62,000 and a demure size of about 40 pages, the subject of who might be its editor would seem to be a game that is played in a very small parlor....

This is the question: can the New Republic remain a central place for center-left argument in the digital age? What are its edges?

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