| Book Review | The American Historical Review, 110.1

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| Book Review | The American Historical Review, 110.1 | The History Cooperative

Book Review

Canada and Latin America

Stephen Haber, Armando Razo, and Noel Maurer. The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876–1929. (Political Economy of Institutions and Decisions.) New York: Cambridge University Press. 2003. Pp. xx, 382. $75.00.

In 1908, Francisco Madero wrote in La sucesión presidencial en 1910: El Partido Nacional Democrático of the "terrible consequences of [Mexico's] civil wars," which not only inflamed passions and pitted brother against brother "but had dragged down the country as well." Madero undoubtedly meant many things by "dragging down" Mexico, but certainly he was mindful of the material consequences of the country's long-standing political instability. Madero took it for granted that in pacifying Mexico, the long reign of Porfirio Díaz (1876–1910) had brought economic prosperity. Perhaps, Madero wrote, things would have been even better had Díaz been a democrat, but there was no denying the decisive economic advance that had taken place.

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