“By the late 1960s, TNR had long since lost its cachet as the voice of re-invigorated liberalism—a cachet that was perhaps best illustrated when the dashing, young President Kennedy had been photographed boarding Air Force One holding a copy. When he sold the magazine to Peretz, Harrison believed he had secured Peretz’s promise to let him continue to run the magazine for three years. This plan quickly foundered, however, when Peretz got tired of reading rejection notices for articles he hoped to publish in the magazine at the same time he was covering its losses. Soon Harrison’s Queen Anne desk and his John Marin paintings were moved out of the editor’s office. Much of the staff, which then included Walter Pincus, Stanley Karnow, and Doris Grumbach, was either fired or chose to resign. The staffers were largely replaced by young men fresh out of Harvard, with plenty of talent but few journalistic credentials and little sense of the magazine’s place in the history of liberalism,” – Eric Alterman, 2007.
(Hat tip: Jesse Walker)