In the February 9th post below, I mentioned a major review of
ITEM in the Brazilian newspaper,
Valor Economico. I have now acquired a complete
English translation. It is fascinating. In addition to the comments on the book by the editor and five commentators, the article contains South American perspectives on many important matters, such as the recent shifts to the left in South American politics, the reasons for Brazilian disillusionment about flexible exchange rates, discussion of the effects on debtor countries of Volcker's high interest rates, among many other observations and views that are not often heard within the United States. There also are some surprising personal insights into the private family lives of some of MIT's most famous economists.
The translator was Professor Marcelle Chauvet at the University of California at Riverside. She is Brazilian, so this translation can be viewed to be accurate. I am impressed by the investment of
Valor in this article. Too bad that there is no English edition of
Valor. If there were, and if this review is representative of coverage in
Valor, I'd subscribe myself.
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