On the Wealth of Nation

There's an interesting article in today's Washington Post on the financial situation of The Nation. The author of the article seems to have something against "Navasky's baby," which is quite evident in his tone. This comment, in particular, stands out for being rather awkward and, frankly, unnecessary:

Since its inception, the Nation, based in New York, has been the standard-bearer for political "progressivism," which conservatives would call code for "liberalism." Conservatives would take further delight in observing that the magazine has personally endorsed the entitlement economics of the left, surviving on donations. But, like socialism, that's now yesterday's news.

Despite the subtle jabs at the magazine, the article has some good reporting and is worth looking at.