The Politics of Property Rights - Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876-1929 (Hardcover, New)

This detailed economic history of Mexico advances a theory about how rent seeking permits economic growth. The book explains why political instability is not necessarily correlated with economic stagnation. It addresses the puzzle of growth amidst instability by combining analytic tools and theoretical insights from history, political science and economics. This study is for historians of Latin America, scholars interested in economic development, and political scientists interested in the political foundations of growth.