Within the recently called "economic populism" theoretical, frameworh, this article analyses the behaviour and purpose Lázaro Cárdenas' economic policy during his presidential term(1934-1940). The result of this research is in opposition to the conventional wisdom which states that monetary...

La inflación y la estabilización monetaria durante los años críticos de la Revolución Mexicana han sido estudiados con poco rigor y poco apego a los hechos. Esto es consecuencia en gran medida de la confusión que existe hasta hoy día sobre muchos aspectos de los fénomenos económicos...

It has been widely believed that Mexico’s rapid economic growth during the 1934-1956 period was only possible through an expansionary economic policy financed by inflationary means. Hence its contrast with the Stabilizing Development policy of the 1960’s, considered the golden age of rapid...