Ira Stoll on the Legacy of Frank Lautenberg

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Courtesty of Wikimedia Commons

Frank Lautenberg, the Democratic senator from New Jersey, died today at age 89. Ira Stoll explains why Lautenberg's true legacy is that of an entrepreneur, not a politician. As Stoll writes, that's because the company where Lautenberg spent the 30 years from 1952 to 1982—longer than the time he spent in the Senate—is a classic example that manages to encapsulate both the genius and the risks of a certain kind of American business.