Quote by Camille Paglia
The junk-bond era has also spawned something that calls itself New Historicism. This seems to be a refuge for English majors without critical talent or broad learning in history or political science. To practice it, you must apparently lack all historical sense.
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Summary
This quote criticizes the academic field of New Historicism, calling it a refuge for English majors who lack critical talent and knowledge in history or political science. It suggests that practitioners of New Historicism lack a sense of history and engage in shallow analysis. The term "junk-bond era" is used metaphorically to imply that New Historicism is a flawed and unreliable approach to understanding literature and culture. Overall, the quote conveys a dismissive and disdainful perspective towards New Historicism as an academic discipline.