The historical context -- Two centuries of South American reflections on the development gap between the United States and Latin America / Tulio Halperin Donghi -- Looking at them: a Mexican perspective on the gap with the United States / Enrique Krauze -- Explaining Latin America's lagging...

It has become commonplace to raise the analogy between the recent experience of the dynamics of income distribution and growth, and that of the era before the Great Depression. However, no study of the demand regime has been done for the early twentieth century period; this study attempts to fill...

Preface -- Introduction -- The current rules -- More market power, less competition -- The growth of the financial sector -- The "shareholder revolution", the rise of ceo pay, and the squeezing of workers -- Lower taxes for the wealthy -- The end of full-employment monetary policy -- The...