Abstract: Henry Luce and the Business of Journalism

James L. Baughman

Abstract

In the highly competitive field of magazine publishing, Henry Luce enjoyed remarkable success by creating distinctive editorial products, beginning with Time in 1923. Luce's publications carefully cultivated the new American middle class and, in the case of Fortune, the new managerial class. These were Luce's preferred readers, those he believed would welcome his instruction on matters of culture and public policy.

BEH On-Line Paper