Republican Portugal: A Political History, 1910-1926
Reviewed by Fritz Stern
A judicious account of Portugal's first experiment with political democracy. It failed.
A judicious account of Portugal's first experiment with political democracy. It failed.
The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
