"Violent mutiny was common in seafaring enterprises during the Age of Discovery--so common, in fact, that dealing with mutineers was an essential skill for captains and other leaders of the time. Mutinies in today's organizations are much quieter, more social and intellectual, and far less...

We study the link between central bank independence and inflation by providing narrative and empiricial evidence based on Latin America's experience over the past 100 years. We present a novel historical dataset of central bank independence for 17 Latin American countries and recount the rocky...