Martin Peretz announced that he will be stepping down as editor-in-chief of political magazine The  New Republic, a publication he has led as editorial voice and part-owner for 37 years. During that time, the magazine rose to prominence and controversy in the Washington, D.C., and political scenes, employing talents such as Michael Kinsley, Fred Barnes, Hendrick Hertzberg, Morton Kondracke, Andrew Sullivan, and others.

According to a statement quoted by magazine industry publication Folio:, Peretz tells readers that he wants to focus on writing for the magazine and its web site. He will be adopting a new title of editor in chief emeritus. Peretz moved to Israel earlier this year, and the Jerusalem Post reports that he keeps busy with his writing and teaching English to refugee children.

Peretz visited The Commonwealth Club on May 5, 2003, to speak about "Mirage and Reality in the Middle East." You can read a transcript of his speech here.