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The long and triumphant reign of its first emperor, Augustus, began a golden age of peace and prosperity;

As legend has it, Rome was founded in 753 B.C. by Romulus and Remus,

twin sons

Romulus became the first king of Rome,

Rome’s era as a monarchy ended in 509 B.C.

The power of the monarch passed to two annually elected magistrates called consuls. They also served as commanders in chief of the army.

Politics in the early republic was marked by the long struggle between patricians and plebeians (the common people), who eventually attained some political power through years of concessions from patricians

In 450 B.C., the first Roman law code was inscribed on 12 bronze tablets–known as the Twelve Tables–and publicly displayed in the Roman Forum.

By around 300 B.C., real political power in Rome was centered in the Senate, which at the time included only members of patrician and wealthy plebeian families.

During the early republic, the Roman state grew exponentially in both size and power

Rome then fought a series of wars known as the Punic Wars with Carthage, a powerful city-state in northern Africa. The first two Punic Wars ended with Rome in full control of Sicily, the western Mediterranean and much of Spain. In the Third Punic War (149–146 B.C.), the Romans captured and destroyed the city of Carthage and sold its surviving inhabitants into slavery, making a section of northern Africa a Roman province.

Rome’s military conquests led directly to its cultural growth as a society, as the Romans benefited greatly from contact with such advanced cultures as the Greeks.

The first Roman literature appeared around 240 B.C., with translations of Greek classics into Latin; Romans would eventually adopt much of Greek art, philosophy and religion.

Rome’s complex political institutions began to crumble under the weight of the growing empire, ushering in an era of internal turmoil and violence.

The gap between rich and poor widened as wealthy landowners drove small farmers from public land,

When the victorious Pompey returned to Rome, he formed an uneasy alliance known as the First Triumvirate

After earning military glory in Spain, Caesar returned to Rome to vie for the consulship in 59 B.C.

Caesar received the governorship of three wealthy provinces in Gaul beginning in 58 B.C.

In 49 B.C., Caesar and one of his legions crossed the Rubicon, a river on the border between Italy from Cisalpine Gaul

Consul Mark Antony and Caesar’s great-nephew and adopted heir, Octavian, joined forces to crush Brutus and Cassius and divided power in Rome with ex-consul Lepidus in what was known as the Second Triumvirate. With Octavian leading the western provinces, Antony the east, and Lepidus Africa, tensions developed by 36 B.C. and the triumvirate soon dissolved. In 31 B.C., Octavian triumped over the forces of Antony and Queen Cleopatra of Egypt (also rumored to be the onetime lover of Julius Caesar) in the Battle of Actium

To avoid meeting Caesar’s fate, he made sure to make his position as absolute ruler acceptable to the public by apparently restoring the political institutions of the Roman republic while in reality retaining all real power for himself. In 27 B.C., Octavian assumed the title of Augustus, becoming the first emperor of Rome.

By 29 B.C., Octavian was the sole leader of Rome and all its provinces.

Augustus’ rule restored morale in Rome after a century of discord and corruption and ushered in the famous pax Romana–two full centuries of peace and prosperity.

He instituted various social reforms, won numerous military victories and allowed Roman literature, art, architecture and religion to flourish.

When he died, the Senate elevated Augustus to the status of a god, beginning a long-running tradition of deification for popular emperors.

The decadence and incompetence of Commodus (180-192) brought the golden age of the Roman emperors to a disappointing end. His death at the hands of his own ministers sparked another period of civil war, from which Lucius Septimius Severus (193-211) emerged victorious.

Meanwhile, threats from outside plagued the empire and depleted its riches, including continuing aggression from Germans and Parthians and raids by the Goths over the Aegean Sea.

Diocletian divided power into the so-called tetrarchy (rule of four), sharing his title of Augustus (emperor) with Maximian. A pair of generals, Galerius and Constantius, were appointed as the assistants and chosen successors of Diocletian and Maximian; Diocletian and Galerius ruled the eastern Roman Empire, while Maximian and Constantius took power in the west.

The stability of this system suffered greatly after Diocletian and Maximian retired from office. Constantine (the son of Constantius) emerged from the ensuing power struggles as sole emperor of a reunified Rome in 324. He moved the Roman capital to the Greek city of Byzantium, which he renamed Constantinople. At the Council of Nicaea in 325, Constantine made Christianity (once an obscure Jewish sect) Rome’s official religion.

An entirely different story played out in the west, where the empire was wracked by internal conflict as well as threats from abroad–particularly from the Germanic tribes now established within the empire’s frontiers like the Vandals (their sack of Rome originated the phrase “vandalism”)–and was steadily losing money due to constant warfare.

Rome eventually collapsed under the weight of its own bloated empire, losing its provinces one by one:

In September 476, a Germanic prince named Odovacar won control of the Roman army in Italy.

After deposing the last western emperor, Romulus Augustus, Odovacar’s troops proclaimed him king of Italy, bringing an ignoble end to the long, tumultuous history of ancient Rome. The fall of the Roman Empire was complete.

Roman aqueducts, first developed in 312 B.C., enabled the rise of cities by transporting water to urban areas, improving public health and sanitation.

Roman cement and concrete are part of the reason ancient buildings like the Colosseum and Roman Forum are still standing strong today.

Roman arches, or segmented arches, improved upon earlier arches to build strong bridges and buildings, evenly distributing weight throughout the structure.

Roman roads, the most advanced roads in the ancient world, enabled the Roman Empire

to stay connected

The effects of rising food prices have been felt unevenly around the world. Asia has been largely spared because of a plentiful rice crop. But parts of Africa, the Middle East and Latin America that are more dependent on imported food are struggling.

Joseph Siegle, the director of research at National Defense University’s Africa Center for Strategic Studies, estimated that 106 million people on the continent are facing food insecurity, double the number since 2018.

In the United States, food prices rose 6.3 percent in December compared with a year ago, while the price of restaurant meals rose 6.0 percent and the price of meat, poultry, fish and eggs jumped 12.5 percent, according to the Bureau of Labor Statistics.

But economists and agricultural experts say that while these efforts help at the margin, there may be little the government can do to combat a phenomenon that is both complex and global.

Overloaded shipping companies have been refusing to send their steel boxes to the Midwest to pick up agricultural products, instead preferring to ship them back to Asia to carry more lucrative cargo.

With both their costs and their sales prices increasing, many farmers are making similar margins to what they earned before, Mr. Edgington said. But “huge swings” in the price of corn, soybeans and fertilizer were still putting their finances at risk.

it underscores that Instagram, WhatsApp and, increasingly, Reality Labs — the division tasked with developing virtual and augmented reality hardware and software — are the company’s future.

Facebook’s “imperative,” in Bosworth’s telling — its raison d’etre — was to be that product that everyone used, the tool that unified at last a fragmented human race in a single, vast network. And the company would pursue that imperative at any cost, even the cost of users’ lives, “because that’s what we do,” he wrote. “We connect people.”

“The natural state of the world is not connected,” Bosworth wrote in the memo, which was leaked and published by BuzzFeed in 2018. “It is not unified. It is fragmented by borders, languages, and increasingly by different products. The best products don’t win. The ones everyone use [sic] win.”

To understand how integral growth was to Facebook’s identity, it’s worth revisiting a memo that executive Andrew “Boz” Bosworth, now Meta’s CTO, sent to the company in 2016.

Wednesday’s earnings report showed that Facebook’s ascent has stalled just about everywhere. The biggest decline in daily usage was not in the United States but in a category that it calls “rest of world,” including Latin America and Africa.

Zuckerberg knew before just about anyone else that social media was no longer enough to keep the company on top. Now he’s trying to will into existence a grand new vision of a digital world in which we all have second lives that play out through avatars inhabiting virtual spaces and realms.

Several years ago, the company realized that it had saturated among U.S. and Canadian users, and it overhauled its core news feed algorithm to prioritize engagement — getting existing users to spend more time on the network.

losing users does not necessarily mean losing money in the short term: Facebook’s revenue per user also continued to grow last quarter.

Yet the end of Facebook’s growth era marks a turning point in the history of social media and the Internet. If Zuckerberg couldn’t connect the whole world with Facebook, given all the resources and momentum and desire one could ask for, he may have to confront the possibility that no single network ever will.

The U.S.’s strategic objective in Ukraine is to prevent Russia, China and Iran from being able to declare persuasively to the watching world that they are winning.

Only one nation in the whole world is actively fighting to stop this alliance from winning. Ukraine merely wants the U.S. and Europe to send them the necessary instruments of war—not next summer, but now—with which, as the last year has proved, they will fight to the last man, woman and child. The Ukrainians have already written their blank check. Our fatigue is not an option.

in 1966 specifically, Stokely Carmichael made his iconic speech about a separatist Black Power, the Student Nonviolent Coordinating Committee he led expelled its white members (though Carmichael himself did not advocate this), the Black Panther Party was born, “Black” replaced “Negro” as the preferred term, the Afro went mainstream, and Malcolm X’s “The Autobiography of Malcolm X” (written with Alex Haley) became a standard text for Black readers.

Mark Whitaker, a former editor of Newsweek, has justified my sense of that year as seminal with his new book, “Saying It Loud: 1966 — the Year Black Power Challenged the Civil Rights Movement.” Whitaker has a journalist’s understanding of the difference between merely documenting the facts and using them to tell a story, and his sober yet crisp prose pulls the reader along with nary a lull.

Why did the mood shift at that particular point? The conditions of Black America at the time would not have led one to imagine that a revolution in thought was imminent. The Civil Rights Act of 1964 and the Voting Rights Act of 1965 had just happened. The economy was relatively strong, and Black men in particular were now earning twice or more what they earned before World War II.

as to claims one might hear that Black America was uniquely fed up in 1966, were Black people not plenty fed up in 1876, or after World War I or World War II?

The N.A.A.C.P. head Roy Wilkins was infuriated at a crucial summit meeting between leading Black groups where Carmichael referred to Lyndon Johnson as “that cat, the president” and recommended publicly denouncing his work. This was a key conflict between an older style seeking to work within the only reality available and a new style favoring a kind of utopian agitprop.

Woke demands that nations and peoples face up to their criminal histories. In the process it often concludes that all history is criminal.”

Where Hoover comes in on the 1966 issue is a common observation of his, which was that the Black-led urban riots of the Long, Hot Summer, and the general change in mood from integrationist to separatist, was not solely a response to the frustrations of poverty.

It’s a safe bet that if Black leaders had taken the tone of Carmichael and the Panthers in 1900 or even 1950, the response from whites would have been openly violent and even murderous. The theatricality of the new message was in part a response to enough whites now being interested in listening.

Daniel Akst’s lucid group biography, “War By Other Means: The Pacifists of the Greatest Generation Who Revolutionized Resistance,” demonstrates people of the era engaging in action that brings about actual change. Following the lives and careers of the activists Dorothy Day, Dwight Macdonald, David Dellinger and Bayard Rustin, one senses almost none of the detour into showmanship that so infused 1966

I hardly intend that Carmichael’s brand of progressivism has only been known among Black people. Today it has attained cross-racial influence, serving as a model for today’s extremes of wokeness, confusing acting out for action.

One might suppose that the acting out is at least a demonstration of leftist philosophy, perhaps valuable as a teaching tool of sorts. But is it? The flinty, readable “Left is Not Woke” by Susan Neiman, the director of the Einstein Forum think tank, explores that question usefully.

Neiman limns the new wokeness as an anti-Enlightenment program, despite its humanistic Latinate vocabulary. She associates true leftism with a philosophy that asserts “a commitment to universalism over tribalism, a firm distinction between justice and power and a belief in the possibility of progress” and sees little of those elements in the essentializing, punitive and pessimistic tenets too common in modern wokeness.

I suspect that much of why leading Black political ideology took such a menacing, and even impractical, turn in the late 1960s was that white America was by that time poised to hear it out. Not all of white America. But a critical mass had become aware, through television and the passage of bills like the Civil Rights Act, that there was a “race issue” requiring attention.

Neiman critiques pioneering texts of this kind of view, such as Michel Foucault’s widely assigned book, “Discipline and Punish,” and his essay “What is Enlightenment?,” in which he scorns “introducing ‘dialectical’ nuances while seeking to determine what good and bad elements there may have been in the Enlightenment.” In this cynical and extremist kind of rhetoric, Neiman notes that “you may look for an argument; what you’ll find is contempt.” And the problem, she adds, is that “those who have learned in college to distrust every claim to truth will hesitate to acknowledge falsehood.”

in 1966 something went seriously awry with what used to be called “The Struggle.” There is a natural human tendency in which action devolves into gesture, the concrete drifts into abstraction, the outline morphs into shorthand. It’s true in language, in the arts, and in politics, and I think its effects distracted much Black American thought — as today’s wokeness as performance also leads us astray — at a time when there was finally the opportunity to do so much more.

Dr. Monteiro and his colleagues developed a food classification system called Nova, named after the Portuguese and Latin words for “new.” It has since been adopted by researchers across the world.

Unprocessed or minimally processed foods, like fresh or frozen fruits and vegetables, beans, lentils, meat, poultry, fish, eggs, milk, plain yogurt, rice, pasta, corn meal, flour, coffee, tea and herbs and spices.

Processed culinary ingredients, such as cooking oils, butter, sugar, honey, vinegar and salt.

If you look at the ingredient list and you see things that you wouldn’t use in home cooking, then that’s probably an ultraprocessed food,”

his group includes freshly baked bread, most cheeses and canned vegetables, beans and fish. These foods may contain preservatives that extend shelf life.

Ultraprocessed foods made using industrial methods and ingredients you wouldn’t typically find in grocery stores — like high-fructose corn syrup, hydrogenated oils and concentrated proteins like soy isolate.

They often contain additives like flavorings, colorings or emulsifiers to make them appear more attractive and palatable.

Think sodas and energy drinks, chips, candies, flavored yogurts, margarine, chicken nuggets, hot dogs, sausages, lunch meats, boxed macaroni and cheese, infant formulas and most packaged breads, plant milks, meat substitutes and breakfast cereals.

Processed foods made by combining foods from Category 1 with the ingredients of Category 2 and preserving or modifying them with relatively simple methods like canning, bottling, fermentation and baking

That has led to debate among nutrition experts about whether it’s useful for describing the healthfulness of a food, partly since many UPFs — like whole grain breads, flavored yogurts and infant formulas — can provide valuable nutrients

Most research linking UPFs to poor health is based on observational studies, in which researchers ask people about their diets and then track their health over many years.

Why might UPFs be harmful?

In a large review of studies that was published in 2024, scientists reported that consuming UPFs was associated with 32 health problems, with the most convincing evidence for heart disease-related deaths, Type 2 diabetes and common mental health issues like anxiety and depression.

Such studies are valuable, because they can look at large groups of people — the 2024 review included results from nearly 10 million — over the many years it can take for chronic health conditions to develop

She added that the consistency of the link between UPFs and health issues increased her confidence that there was a real problem with the foods.

But the observational studies also have limitations,

It’s true that there is a correlation between these foods and chronic diseases, she said, but that doesn’t mean that UPFs directly cause poor health.

Dr. O’Connor questioned whether it’s helpful to group such “starkly different” foods — like Twinkies and breakfast cereals — into one category. Certain types of ultraprocessed foods, like sodas and processed meats, are more clearly harmful than others

UPFs like flavored yogurts and whole grain breads, on the other hand, have been associated with a reduced risk of developing Type 2 diabetes.

Clinical trials are needed to test if UPFs directly cause health problems, Dr. O’Connor said. Only one such study, which was small and had some limitations, has been done, s

In that study, published in 2019, 20 adults with a range of body sizes lived in a research hospital at the National Institutes of Health for four weeks. For two weeks, they ate mainly unprocessed or minimally processed foods, and for another two weeks, they ate mainly UPFs. The diets had similar amounts of calories and nutrients, and the participants could eat as much as they wanted at each meal.

During their two weeks on the ultraprocessed diet, participants gained an average of two pounds and consumed about 500 calories more per day than they did on the unprocessed diet

During their time on the unprocessed diet, they lost about two pounds.

That finding might help explain the link between UPFs, obesity and other metabolic conditions

The Nova system notably doesn’t classify foods based on nutrients like fat, fiber, vitamins or minerals. It’s “agnostic to nutrition,”

There are many “strong opinions” about why ultraprocessed foods are unhealthy, Dr. Hall said. “But there’s actually not a lot of rigorous science” on what those mechanisms are

Because UPFs are often cheap, convenient and accessible, they’re probably displacing healthier foods from our diets

the foods could be having more direct effects on health. They can be easy to overeat — maybe because they contain hard-to-resist combinations of carbohydrates, sugars, fats and salt, are high-calorie and easy to chew

It’s also possible that resulting blood sugar spikes may damage arteries or ramp up inflammation, or that certain food additives or chemicals may interfere with hormones, cause a “leaky” intestine or disrupt the gut microbiome.

Researchers, including Dr. Hall and Dr. Davy, are beginning to conduct small clinical trials that will test some of these theories.

most researchers think there are various ways the foods are causing harm. “Rarely in nutrition is there a single factor that fully explains the relationship between foods and some health outcome,”

In 2014, Dr. Monteiro helped write new dietary guidelines for Brazil that advised people to avoid ultraprocessed foods.

Other countries like Mexico, Israel and Canada have also explicitly recommended avoiding or limiting UPFs or “highly processed foods.”

The U.S. dietary guidelines contain no such advice, but an advisory committee is currently looking into the evidence on how UPFs may affect weight gain, which could influence the 2025 guidelines.

It’s difficult to know what to do about UPFs in the United States, where so much food is already ultraprocessed and people with lower incomes can be especially dependent on them,

“At the end of the day, they are an important source of food, and food is food,” Dr. Mattei added. “We really cannot vilify them,”

While research continues, expert opinions differ on how people should approach UPFs.

the safest course is to avoid them altogether

to swap flavored yogurt for plain yogurt with fruit, for example, or to buy a fresh loaf from a local bakery instead of packaged bread, if you can afford to do so

Dr. Vadiveloo suggested a more moderate strategy, focusing on limiting UPFs that don’t provide valuable nutrients, like soda and cookies

She also recommended eating more fruits, vegetables, whole grains (ultraprocessed or not), legumes, nuts and seeds.

Cook at home as much as you can, using minimally processed foods

The simplest way of outlining the ideal university policy toward protest is to say that it should protect free speech, respect civil disobedience and uphold the rule of law

universities should protect the rights of students and faculty on a viewpoint-neutral basis, and they should endeavor to make sure that every member of the campus community has the same access to campus facilities and resources.

That also means showing no favoritism between competing ideological groups in access to classrooms, in the imposition of campus penalties and in access to educational opportunities

Indefinitely occupying a quad violates the rights of other speakers to use the same space. Relentless, loud protest violates the rights of students to sleep or study in peace. And when protests become truly threatening or intimidating, they can violate the civil rights of other students, especially if those students are targeted on the basis of their race, sex, color or national origin.

Noise limits can protect the ability of students to study and sleep. Restricting the amount of time any one group can demonstrate on the limited open spaces on campus permits other groups to use the same space.

Civil disobedience is distinct from First Amendment protected speech. It involves both breaking an unjust law and accepting the consequences.

In a 1965 appearance on “Meet the Press,” the Rev. Dr. Martin Luther King Jr. described the principle perfectly: “When one breaks the law that conscience tells him is unjust, he must do it openly, he must do it cheerfully, he must do it lovingly, he must do it civilly — not uncivilly — and he must do it with a willingness to accept the penalty.”

But what we’re seeing on a number of campuses isn’t free expression, nor is it civil disobedience. It’s outright lawlessness

reasonable time, place and manner restrictions are indispensable in this context. Time, place and manner restrictions are content-neutral legal rules that enable a diverse community to share the same space and enjoy equal rights.

Administrators and faculty members will often abandon any pretense of institutional neutralit

For many administrators, the very idea of neutrality is repugnant. It represents a form of complicity in injustice that they simply can’t and won’t stomach. So they nurture and support one side. They scorn the opposition, adopting a de facto posture that says, “To my friends, everything; for my enemies, the law.”

In March, a small band of pro-Palestinian students at Vanderbilt University in Nashville pushed past a security guard so aggressively that they injured him, walked into a university facility that was closed to protest, and briefly occupied the building. The university had provided ample space for protest, and both pro-Israel and pro-Palestinian students had been speaking and protesting peacefully on campus since Oct. 7.

But these students weren’t engaged in free speech. Nor were they engaged in true civil disobedience. Civil disobedience does not include assault, and within hours the university shut them down. Three students were arrested in the assault on the security guard, and one was arrested on charges of vandalism. More than 20 students were subjected to university discipline; three were expelled; and one was suspended.

The University of Chicago has long adhered to the Kalven principles, a statement of university neutrality articulated in 1967 by a committee led by one of the most respected legal scholars of the last century, Harry Kalven Jr. At their heart, the Kalven principles articulate the view that “the instrument of dissent and criticism is the individual faculty member or the individual student. The university is the home and sponsor of critics; it is not itself the critic. It is, to go back once again to the classic phrase, a community of scholars.”

In Greece, an unlikely economic star since the pandemic, as many as 44% of all jobs are connected to tourism. 

Can Europe’s emerging “museum economy” support sustained wealth creation and the expansive welfare systems Europeans have become accustomed to since the end of World War II? And what happens if the dollar falls and the tourists leave?

Rent and other living expenses are rising in hot spots, making it harder for many locals to make ends meet. A heightened focus on tourism, which turns a quick profit but remains a low-productivity activity, tethers these economies to a highly cyclical industry

It also risks keeping workers and capital from more profitable areas, like tech and high-end manufacturing. 

some economists, residents and politicians are concerned about the boom’s long-term implications.

The strong dollar—and a powerful post-Covid recovery—has empowered millions of Americans who would have vacationed in the U.S. before the pandemic. They are now finding they can afford a lavish European holiday.

“It is literally, for Americans right now, the place to go,”

One reason is the brutal sovereign debt crisis that hit the continent’s south especially hard just over a decade ago. Unable to stimulate demand with public spending or to energize exports by devaluing their currency—the euro, which is shared by 20 states—those countries could only boost their competitiveness by lowering wages.

“Your dollar goes a lot further,” Cross said over coffee in the lobby of her five-star hotel. “You don’t feel you’re scrounging as much.”

Tourism now generates one-fifth of economic output in Lisbon and supports one in four jobs. That boom has reverberated far beyond the capital.

Portugal’s gross domestic product grew nearly 8% between 2019 and 2024, compared with less than 1% for Germany,

The government recorded a rare 1.2% of GDP budget surplus last year, and its debt-to-GDP ratio is expected to fall to 95% this year, the lowest since 2009

Portugal’s population is growing again after years of decline, thanks in part to an influx of migrant workers and to various tax incentives and investor visas that have attracted high-income workers. 

In Portugal, a country of 10 million that juts out into the North Atlantic from Spain, Americans recently surpassed Spaniards as the biggest group of foreign tourists. 

The trend is part of a global readjustment following the Covid-19 lockdowns. Spending on travel and hospitality worldwide grew roughly seven times faster than the global economy over the past two years, according to Oxford Economics. That pattern is expected to continue for the next decade, though to a lesser degree.

Europe, especially southern Europe, has benefited more than many other regions. Though it is home to just 5% of the world’s population, the European Union received around one-third of all international tourist dollars—more than half a trillion dollars—last year. This is up roughly threefold over two decades, and compares with about $150 billion for the U.S., where tourism has been slower to rebound.

Moedas, Lisbon’s mayor, says there’s room for further growth. For a city that doubles in size to around one million every day, including commuters, only around 35,000 are tourists, he said. “We are very far from a situation of so-called overtourism.”

This and a real estate collapse that left hundreds of thousands of workers suddenly available made the region’s tourist industry ultracompetitive, much cheaper than Caribbean beach destinations and on a par with Latin American destinations like Mexico. 

Once an owner of TAP, Neeleman increased the number of direct flights to the U.S. eightfold between 2015 and 2020, adding major hubs such as JFK and Boston Logan, betting that would open up an untapped market. As bookings soared, other U.S. airlines followed. 

Signs of discontent are bubbling up across the region. Tens of thousands of local residents marched in Spain’s Balearic and Canary islands in recent months to protest mass tourism and overcrowding. On Mallorca, activists have put up fake signs at some popular beaches warning in English of the risk of falling rocks or dangerous jellyfish to deter tourists, according to social-media posts.

For Gonçalo Hall, a 36-year-old tech worker, the influx of foreign cash that has transformed Lisbon has been overwhelmingly beneficial for the city. When he lived in the capital 15 years ago, he wouldn’t walk in the historic downtown after 8 p.m. It was “full of homeless people, not safe. Lots of empty and abandoned buildings,” he said. 

“The quality of life in Lisbon doesn’t match the prices. Even expats are leaving,” said Hall, who moved to the Atlantic island of Madeira during the pandemic and continues to work remotely.  

The average Portuguese employee earns around €1,000 a month after tax, or around $1,100 a month, and only 2% earn more than €2,000. A one-bedroom apartment in Lisbon can easily cost more than €500,000 to buy, or over €1,200 a month to rent. Rents in nearby cities are also climbing as people leave the capital, squeezed out as lucrative short-term rentals transform the housing market. 

Jessica Ribeiro, a 35-year-old sociologist, pays around €490 a month for an apartment that she shares with her ex-husband in a town close to Lisbon. Neither can afford to leave. Both make a little more than the minimum wage of €820 a month, and soaring rents mean it is impossible to find an apartment in the neighborhood for less than €700, Ribeiro said. 

“The harm that tourism has brought is infinitely bigger than the benefits,” Ribeiro said. “It sends people away from their place of work, making their lives much harder.” 

A frequent complaint from residents and housing advocates is that some of the boom’s biggest winners are American companies, from Airbnb to Uber, which often pay little tax in the places where they do most of their business.

Lisbon is cracking down on Airbnbs and increasing taxes on tourists, doubling the nightly city tax from €2 to €4, which should raise €80 million a year. Airbnb has paid Lisbon and Porto, Portugal’s two biggest cities, more than €63 million after entering into voluntary tax collection agreements with local officials. Moedas said he is considering “a bit more regulation” of the city’s many Ubers, whose drivers he said don’t always respect traffic rules. 

Around nine in 10 Airbnb hosts in Portugal rent their family home and almost half say the extra income helps them afford to stay in their homes, according to a spokesperson for the company. “Guests using our platform account for just 10% of total nights booked in Portugal, and we follow the rules and only allow listings that are registered with local authorities,”

Higher rents are forcing many businesses and cultural and social spaces catering to locals to close, according to Silva. “This is not an economy that is serving the needs of the majority of people,” she said.

“It was actually comical, because I went from knowing no one who had been to Portugal to everyone telling me they were going to Portugal,”

Serving foreigners is difficult to scale up and is more exposed to economic headwinds. Like the discovery of oil, southern Europe’s new focus on tourism can crowd out higher-value activities by hogging capital and workers, a phenomenon some economists have dubbed the “beach disease.”

“Portugal isn’t an industrialized country. It’s just the playground of the EU,” said Priscila Valadão, a 43-year-old administrative assistant in Lisbon. She makes €905 a month and rents a room from a friend for €250 a month. “The type of jobs being offered…are restricted to a type of activity that really doesn’t enrich the country,”

For Europe’s policymakers, having people open hotels or restaurants is easier than incentivizing them to build up advanced manufacturing, which is capital intensive and takes a long time to pay off, said Marcos Carias, an economist with French insurer Coface. 

“Tourism is the easy way out,” Carias said. “What is the incentive to look for ingenuity and go through the pain of creating new economic value if tourism works as a short-term solution?”

Proponents say tourism attracts capital to poor regions, and can serve as a base to build a more diversified economy. Lisbon’s Moedas said he is trying to leverage the influx of foreign visitors to build up sectors such as culture and technology, including by developing conferences and cultural events. 

“Some extreme left parties basically say we need to reduce tourism,” Moedas said, but that is the wrong approach. “What we have to do is to increase other sectors like innovation, technology…. We should still invest in tourism, but we should go up the ladder.”

In Athens, Mayor Haris Doukas says he is working on extending the tourist season, increasing the average length of stay and promoting specific types of tourism, such as organizing conferences and business meetings, to attract visitors with higher purchasing power. He’s also called for new taxes to help the city accommodate the millions of additional tourists thronging to the ancient capital.

More than one-third of highly qualified Portuguese students leave the country after graduating,

Even higher-paid technology workers have started decamping to cheaper places. 

Tiago Araújo, chief executive of tourism tech startup HiJiffy, has held on to his employees but says many of them have been moving out of Lisbon. The trend, which started during Covid, is now being primarily driven by the housing crisis.

While Dias, the hotel owner, is diversifying into nightlife, he refuses to envisage a future where the sector would have to rely heavily on visitors from elsewhere.

If Americans stop coming to Lisbon, he said, “I don’t think we can charge this kind of [price] because we will have to go to Europeans, and the Europeans, they don’t have money.”