The Americas: By the Bootstraps

Puerto Rico, say the experts, ranks third in the world after Britain and the U.S. in the way the national income is spread among all classes of people. This achievement owes much to Puerto Rico's celebrated Governor Muñoz Marin; it also owes much to a tough-minded young businessman named José Teodoro Moscoso, who was chosen to run Muñoz' Operation Bootstrap in 1942. The choice was a natural: in the ten years after he graduated from the University of Michigan, Ted Moscoso had accomplished much. He entered his family's wholesale drug business, helped...

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