The Nation is a pulp-paper, pinko weekly in what publishers call the "deficit group" of magazines. Only in a few of its 78 years has it ever made money, and even then the profits were minuscule. Nevertheless, with annually solicited contributions, the Nation managed to stay alive.
Since last fall the Nation's circulation (15ยข a copy, $5 a year) has been climbing slowly (now 33,000). But advertising has fallen to half its pre-1929 level. (For several years book advertising, the backbone of the liberal weeklies, has been trending toward daily newspapers.) And since...
To continue reading:
or
Log-In
