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The Liberal State, Economic Development and the Crisis of the 1890s: Joao Crisóstomo and José Frederico Laranjo

Joao Carlos Graca () and Teresa Nunes ()
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Joao Carlos Graca: Instituto Superior de Economia e Gestão, Centro de Investigação em Sociologia Económica e das Organizações - Universidade de Lisboa
Teresa Nunes: Faculdade de Letras, Departamento de História - Universidade de Lisboa

History of Economic Ideas, 2016, vol. 24, issue 2, 111-140

Abstract: Founded in 1876, the Portuguese Progressive Party sought to serve as an alternative political formation to the then ruling Regenerator Party. Whilst fairly unanimous in its critique of the so-called ‘material improvements’ policy, the party did not, however, produce any coherent economic option. Although generally in favour of budgetary ‘economies’, in line with prevailing nineteenth-century liberal thinking, the Progressives have not reached full internal agreement on this matter, even less so as regards the issue of protectionism versus free-trade. This paper describes the huge diversity of ideas within the party, as exemplified by the cases of João Crisóstomo and José Frederico Laranjo.

Date: 2016
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