[2] The title claimed a lineage with The Liberal, a short-lived periodical founded in 1822 by the Romantic poets Percy Bysshe Shelley, Lord Byron and Leigh Hunt.

The modern version was launched in July 2004 ‒ 180 years after the original ceased publication ‒ "to rehabilitate Romantic Liberalism and reinvigorate the public sphere".

Contributors to the print edition included Harold Bloom, Helen Suzman, Christopher Hitchens, Germaine Greer, Garry Kasparov, Robert Reich, Julia Kristeva, Liu Xiaobo, Johann Hari, Martin Rees, Wole Soyinka, Clive James, Slavoj Žižek and Simon Sebag Montefiore.

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