100 books like Studies in the History of Latin American Economic Thought

In this classic and pioneering study, Joseph Love traces how ideas about underdevelopment travelled from interwar Rumania to postwar Brazil, two peripheral regions united in their disenchantment with the promises of economic liberalism.

Household names like Mihail Manoilescu, Raúl Prebisch, and Celso Furtado come across as heirs to a long intellectual tradition connecting Russian Narodnik populism to Latin American dependency theory a century later.

These disparate historical actors were brought together by a shared concern with the obstacles to development posed by a world of structural economic and geopolitical inequalities, thus shining a spotlight on the conflicting interests between the West and the Rest.

This sprawling, two-volume collection of essays approaches the history of political economy in Latin America not as a chapter of intellectual history, but rather as an extension of the practices of state-building pursued in the continent.

The first volume, Republics of the Possible, covers the period from the early days of independence to the turbulent 1930s, touching on subjects as diverse as militarization, fiscal systems, educational institutions, national statistics, and ideological disputes.

The second volume, The Rise and Fall of the Developmental State, explores the 20th-century Latin American experiment on state-led development: its ideological underpinnings, the design of appropriate institutions, and the ambiguous aftermath of the developmental era in different national settings.

A third volume is still in the works to complete this state-of-the-art trilogy.

Kathryn Sikkink brings a political science approach to the study of developmentalism as a policy framework in postwar Latin America.

Rather than rationalizing the ideology of development as the expression of interest group politics, the book interrogates the channels through which ideas find their way into institutional settings, and thence into political action. Contrasting the historical experiences of Brazil and Argentina, Sikkink shows how the same intellectual premises may lead to disparate results when put to work within different national settings.

Ideas do matter, but if they are to succeed, they need to find a hospitable institutional environment – which sheds light on both the possibilities and challenges faced by Latin American nations seeking to shape their own destiny.

The most recent entry on my list is already a landmark achievement.

Margarita Fajardo’s authoritative monograph places the UN’s Economic Commission for Latin America – the incubator for the cepalinos who successfully challenged the postwar consensus on developmental policy – into the broader geopolitical history of the 20th century. This richly detailed study retraces the emergence of an intellectual and political movement that channeled discontent with the structural biases inherent in the global economic order into a cogent agenda of political economy for the peripheries of capitalism.

It also reveals how the fragmentation of the fragile postwar liberal consensus, in both North and South, eventually pushed this movement toward the high-powered framework of dependency theory, and thence into anti-establishment activism across the world.

This book provides a synthesis of the ‘region’s place in world politics and the global economy.’ Its applicability to the Latin American region in the context of international relations theory is a salient feature of this book which lends credence to these insights in this sense, there is a commonality of thinking in both books, and adds intellectual creditability to the meshing of both logics. It is a key insight. 

Smith traces the historical arc of rum from local colonial consumption to becoming a major export by the nineteenth century.

I am amazed at how much history Smith captures by focusing his study on one type of alcohol. With his attention to how European and African drinking habits shaped rum consumption, he demonstrates how rum cut across gender, class, and race relations.

With their knowledge of distillation and introduction of resources new to the Americas, Europeans increased alcohol’s potency. Alcohol took on political as well as economic significance when colonial officials used alcohol revenue to govern. Without displacing fermented drinks, distilled liquor introduced new dynamics in the production and consumption of alcohol.

I love that he emphasizes how common consumption spurred taverns and other drinking establishments, which facilitated socialization that frequently contravened social norms, such as elite men who conversed with poor and working-class women and African and mulatto drinkers… show more.

Mexican-born, Bogotá-based New Yorker writer Alma Guillermoprieto writes about Latin America in a vivid, compassionate way, using individual stories to tease out trends and shed a light on history. I've loved all of Guillermoprieto's books, including her wonderful chronicles about dancing in Cuba and Brazil, but this volume is a true classic. She captures the feeling of the spirit of Latin America and Latin Americans. Even when I've been to the places she describes, she makes me see them in a different way through her meticulous reporting and lush descriptions.

What I like best about Guillermoprieto is that she looks into ordinary lives, ranging from Mexican garbage pickers to the window-pane fixers who make a living in Bogotá after glass is shattered by bombs.

Lucidly written and soberly considered, Latin America’s Cold War is one top-five pick for a host of reasons, not least of which is that it forces us to consider that the usually potent Uncle Sam did mean that Latin American actors did not have influence, for good or ill. Rightist Latin American militaries, for a searing case, had their reasons for combatting leftist guerrillas, not just serving Washington’s bidding. 

Ben-Ghiat limns the traits that characterize authoritarians in modern times.

Drawing a line from Mussolini to Trump, the author guides readers in the authoritarian’s playbook, revealing how dictators corrode democratic norms and undermine institutional restraints on their power. This lucid, well-written history makes you think about dictatorship across time, cultures, and nations.

Long before people talked about the importance of the church in Latin America, veteran Bogota-based journalist (1940-1989), a book about the struggle for human rights in the region, shone a vivid narrative light on the emergence of a church that upheld the preferential option for the poor. Her book, a classic in its own right, feels very relevant today because she discusses the role of the U.S. government in fascism, torture, murder, and the persecution of the progressive church in Latin America.

Her powerful book is not abstract analysis. She travels to dozens of countries to talk with nuns, priests, activists, peasants, and the urban poor. A must-read for anyone wanting to understand Latin America, yesterday, today, and tomorrow. I've spent years covering Latin America and I learned so much from this book.