In this paper, we critically review the literature on finance and inequality, highlighting
substantive gaps in the literature. Finance plays a crucial role in the preponderance of …

This book investigates the causes and consequences of congressional attacks on the US
Supreme Court, arguing that the extent of public support for judicial independence …

This essay examines three recent historical approaches to the political economy of Latin
America's relative economic backwardness. All three locate the origins of contemporary …

Understanding the complex impacts of human settlement patterns on social and natural
systems is critical for immediate and long-term policy decisions and ecosystem preservation …

Stock-market crashes are informative about the prospects for macroeconomic depressions.
Long-term data for 30 countries reveal that, conditional on a crash, the probability of a minor …

The economic history of Latin America has become more voluminous, complex, and
fascinating in the past decade. The new work has already provoked noteworthy …

Related lending, a widespread practice in LDCs, is widely held to encourage bankers to loot
their banks at the expense of minority shareholders and depositors. We argue that neither …

Real wages describe changes in the material standard of living of wage earners. This article
reviews the national experience of Mexico through the twentieth century, surveying more …

Paul Rosenstein-Rodan argues that economic development requires coordinated
investment in many interdependent industries, and prescribes a flood of state-controlled …

Large pyramidal family controlled business groups are the predominant form of business
organization outside America, Britain, Germany, and Japan. Large pyramidal groups …