Palace Politics is a thoroughly researched exploration of the evolution of Mexico’s politically stable system of the 1950s which culminated in a dramatic political decline in the 1990s. Jonathan Schlefer, for many years editor in chief of Technology Review at MIT, originally initiated this project as his PhD dissertation. The published result combines field research and analytical craftsmanship to provide a powerful and provocative interpretation of elite economic decision making as the crucial determinant of the downfall of Mexico’s long-standing political model.

This book makes an original addition to Mexican oral history as an archive of the observations and actions of two generations of cabinet members and presidents, some of whom are now deceased. The central argument Schlefer develops through the accompanying narrative is that elite cooperation in the 1950s and 1960s prevented Mexico from falling into the pattern of economic crisis common to most of its Latin American neighbors....

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