In the wake of the collapse of the Soviet Union, everyone in America assumed that there would be wars to follow - wars over the reunification of Germany, over the nations within the sphere of Soviet influence, and more. There weren't, because George H. W. Bush's policies and diplomacy prevented that.
A smart, intellectual magazine is a difficult thing to run because of the need to manage conflicting personalities and opinionated writers who clash constantly, whose clashes make the publication better. It is exhausting and draining, and honestly, the only thing that's harder is probably running a university.