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Welcome to Prospect. A new publication requires an explanation, even a justification. Surely there is already an over-supply of news and opinion for all tastes and wallets. Well, not quite. Prospect, a monthly magazine aimed at the intellectually curious, non-specialist reader, will occupy that large space between the “instant” and the “academic.” Many people regard this space as a black hole for publishing ambitions, but their economics are out of date and their cultural pessimism unjustified. The British are no less interested in ideas, in the well-written discursive essay, and in intellectual and editorial rigour, than the hundreds of thousands…

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