Stephen H. Haber

Stephen H. HaberStephen Haber is the Peter and Helen Bing Senior Fellow at the Hoover Institution and the A.A. and Jeanne Welch Milligan Professor in the School of Humanities and Sciences at Stanford University. In addition, he is a professor of political science, professor of history, and professor of economics (by courtesy), as well as a senior fellow of both the Stanford Institute for Economic Policy Research and the Stanford Center for International Development. Haber directs the Hoover Institution Working Group on Intellectual Property, Innovation, and Prosperity (IP2).

Haber is among Stanford’s most distinguished teachers, having been awarded every teaching prize Stanford has to offer. He is the only member of the Stanford faculty to have been awarded the Dean’s Award for Distinguished Teaching (twice, in 1992 and again in 2002), the Allan V. Cox Medal for Faculty Excellence in Fostering Undergraduate Research, the Phi Beta Kappa Teaching Prize, and the Walter J. Gores Award for Excellence in Teaching, which is Stanford’s highest teaching honor. Haber’s abilities as a teacher and mentor were acknowledged by the Economic History Association, which at its 2013 meeting awarded him the Jonathan R. Hughes Prize for Excellence in Teaching.

Haber has spent his academic life investigating the political institutions and economic policies that delay innovation and improvements in living standards. Much of that work has focused on how regulatory and supervisory agencies are often used by incumbent firms to stifle competition, thereby curtailing economic opportunities and slowing technological progress. In addition to Fragile by Design, he is the author or coauthor of four books, and the editor of five more. He has also authored scholarly articles in economics, history, and political science.

Haber is currently at working in two research areas. One of these focuses on the impact of geography on the evolution of societies’ fundamental economic and political institutions. The other focuses on the impact of the U.S. patent system on innovation and competition among firms.

Haber received his B.A. degree from the George Washington University in 1979, and his Ph.D. degree from UCLA in 1985.




Fragile By Design: The Political Origins of Banking Crises and Scarce Credit (with Charles W. Calomiris). Princeton University Press, 2014.

Los Buenos Tiempos Son Estos (with Aldo Musacchio). Centro de Estudios Espinosa Yglesias, forthcoming 2014. (Winner of the 2012 Premio Manuel Espinosa Yglesias).

Mexico Since 1980 (with Herbert S. Klein, Noel Maurer, and Kevin J. Middlebrook). Cambridge University Press, 2008.

The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876-1929 (with Armando Razo and Noel Maurer). Cambridge University Press, Political Economy of Institutions and Decisions Series, 2003. Spanish translation forthcoming from Instituto Mora, 2014.

Industry and Underdevelopment: The Industrialization of Mexico, 1890-1940. Stanford University Press, 1989. Translated into Spanish as Industria y subdesarrollo: La industrialización de México, 1890-1940. Editorial Alianza Mexicana, 1992.back




Political Institutions and Financial Development (ed., with Douglass C. North and Barry R. Weingast). Stanford University Press, 2007. Mandarin translation forthcoming.

The Mexican Economy, 1870-1930: Essays on the Economic History of Institutions, Revolution, and Growth (ed., with Jeffrey L. Bortz). Stanford University Press, 2002.

Crony Capitalism and Economic Growth in Latin America: Theory and Evidence. Hoover Institution Press, 2002.

Political Institutions and Economic Growth in Latin America: Essays in Policy, History, and Political Economy. Hoover Institution Press, 2000.

How Latin America Fell Behind: Essays on the Economic Histories of Brazil and Mexico, 1800-1914. Stanford University Press, 1997. Translated into Spanish as Cómo se rezagó la América Latina: Ensayos sobre las historias económicas de Brasil y México, 1800-1914. Fondo de Cultura Económica, 1999.





“Foreign Entry and the Mexican Banking System, 1997-2007” (with Aldo Musacchio). Economía 13:1 (Fall 2012), pp. 13-37.

“Factor Endowments and Institutions,” (with Stanley Engerman and Kenneth L. Sokoloff), in Stanley Engerman and Kenneth L. Sokoloff, with contributions by Stephen Haber, Elisa Mariscal, and Eric Zolt, Economic Development in the Americas Since 1500: Endowments and Institutions (Cambridge University Press, 2011), pp. 31-56.

“Politics and Banking Systems” in Stanley Engerman and Kenneth L. Sokoloff, with contributions by Stephen Haber, Elisa Mariscal, and Eric Zolt, Economic Development in the Americas Since 1500: Endowments and Institutions (Cambridge University Press, 2011), pp. 245-294.

“Related Lending and Banking Development” (with Robert Cull and Masami Imai). Journal of International Business Studies 42 (April 2011), pp. 406–26.

“Do Natural Resources Fuel Authoritarianism? A Reappraisal of the Resource Curse” (with Victor Menaldo). American Political Science Review 105:1 (Feb. 2011), pp. 1-26.

“Politics, Banking, and Economic Development: Evidence from New World Economies” In Jared Diamond and James Robinson eds., Natural Experiments of History (Harvard University Press, 2010), pp. 88-119.

“Why Banks Don’t Lend: The Mexican Financial System.” In Santiago Levy and Michael Walton eds., No Growth without Equity? Inequality, Interests, and Competition in Mexico (World Bank/Palgrave Macmillan, 2009), pp. 283-320.

“Banking with and Without Deposit Insurance: Mexico’s Banking Experiments, 1884-2004.” In Asli Demirguc-Kunt, Edward Kane, and Luc Laeven eds., Deposit Insurance Around the World: Issues of Design and Implementation (MIT Press, 2008), pp. 219-52.

“Political Institutions and Financial Development: Evidence from the Political Economy of Bank Regulation in the United States and Mexico.” In Stephen Haber, Douglass C. North, and Barry R. Weingast eds., Political Institutions and Financial Development (Stanford University Press, 2008), pp. 10-59.

“On the Importance to Economic Success of Property Rights in Finance and Innovation,” (with F. Scott Kieff and Troy A. Paredes). Washington University Journal of Law and Policy 26 (2008) pp. 215-43.

“Related Lending, and Economic Performance: Evidence from Mexico” (with Noel Maurer). The Journal of Economic History 67:3 (Sept. 2007), pp. 551-81.

“Authoritarian Government,” in Barry Weingast and Donald Wittman eds., The Oxford Handbook of Political Economy, (Oxford University Press, 2006), pp. 693-707.

“The Political Economy of Latin American Industrialization.” In Victor Bulmer-Thomas, John Coatsworth, and Roberto Cortes Conde eds., The Cambridge Economic History of Latin America: Volume 2, The Long Twentieth Century (Cambridge University Press, 2006), pp. 537-584.

“Normas contables bancarias en México. Una guía de los cambios para legos diez años después de la crisis bancaria de 1995” (with Gustavo del Angel and Aldo Musacchio). El Trimestre Económico 73:4 (October-December 2006), pp. 903-26.

“Mexico’s Experiments with Bank Privatization and Liberalization, 1991-2003.” Journal of Banking and Finance 29:8-9 (August-September 2005), pp. 2325-2353.

“When the Law Does Not Matter: The Rise and Decline of the Mexican Oil Industry,” (with Noel Maurer and Armando Razo). The Journal of Economic History 63:1 (March 2003), pp. 1-31.

“Anything Goes: Mexico’s ‘New’ Cultural History.” Hispanic American Historical Review 79:2 (May 1999), pp. 299-319.

“Political Instability and Economic Performance: Evidence from Revolutionary Mexico” (with Armando Razo). World Politics 51 (October 1998), pp. 99-143.

“The Efficiency Consequences of Institutional Change: Financial Market Regulation and Industrial Productivity Growth in Brazil, 1866-1934.” In John H. Coatsworth and Alan M. Taylor eds., Latin America and the World Economy Since 1800 (Harvard University David Rockefeller Center for Latin American Studies/Harvard University Press, 1998), pp. 275-322.

“Brothers Under the Skin: Diplomatic History and International Relations” (with David M. Kennedy, and Stephen D. Krasner). International Security 22:1 (Summer 1997), pp. 34-43.

“The Economic Consequences of Brazilian Independence” (with Herbert S. Klein). In Stephen Haber ed., How Latin America Fell Behind: Essays on the Economic Histories of Brazil and Mexico, 1800-1914 (Stanford University Press, 1997), pp. 243-259.

“Industrial Concentration and the Capital Markets: A Comparative Study of Brazil, Mexico, and the United States, 1830-1930.” The Journal of Economic History 51:3 (Sept. 1991), pp. 559-580.


The Political Origins of Banking Crises and Scarce Credit