This edited volume discusses the development theory advanced by the Economic Commission for Latin America and the Caribbean (ECLAC) in the 1940s, and its transformations through the second half of the twentieth century. In this time frame, the authors identify two approaches: structuralism...

This book offers a new interpretation of the Employment Act of 1946. It argues that in addition to Keynesian economics, the idea of a living wage was also part of the background leading up to the Employment Act. The Act mandated that the president prepare an Economic Report on the state of the...