Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about The New Republic?
Summarize this article for a 10 years old
The New Republic is an American magazine of commentary on politics, contemporary culture, and the arts.
|Frequency||10 per year|
|First issue||November 7, 1914|
|Based in||Washington, D.C. (editorial), New York City (operations)|
Founded in 1914 by several leaders of the progressive movement, it attempted to find a balance between "a liberalism centered in humanitarian and moral passion and one based in an ethos of scientific analysis". Through the 1980s and 1990s, the magazine incorporated elements of the Third Way and conservatism.
In 2014, two years after Facebook co-founder Chris Hughes purchased the magazine, he ousted its editor and attempted to remake its format, operations, and partisan stances, provoking the resignation of the majority of its editors and writers. In early 2016, citing the need for new vision and leadership, Hughes sold the magazine to Win McCormack, under whom the publication has returned to a more progressive stance. A weekly or near-weekly for most of its history, the magazine currently publishes ten issues per year. The editorial team returned to Washington, D.C. in 2021 with the hiring of Michael Tomasky as editor, who would continue to edit the academic journal Democracy.