"Like the rest of the poor periphery, Mexico had to deal with de-industrialization forces between 1750 and 1913, those critical 150 years when the economic gap between the industrial core and the primary-product-producing periphery widened to such huge dimensions. Yet, from independence to...

Introduction: the puzzle of growth in dictatorships -- Network theory of private protection -- Political institutions and consolidated dictatorship -- Private policies -- Stable pool of private enforcers -- Network of private protection -- Conclusion -- Appendix: Network data -- Notes --...

The aim of the paper is to explore the influences of initial inequality on the long run distribution of wealth. The paper presents two mathematical models that analyse the occupational choice of individuals in the presence of capital constraints and risk in entrepreneurial activities. The models...