**Sebastian Edwards *is the Henry Ford II Distinguished Professor of International Economics at the University of California, Los Angeles, and a former chief economist for Latin America and the Caribbean at the World Bank. His many books include American Default: The Untold Story of FDR, the Supreme...

**Sebastian Edwards *is the Henry Ford II Distinguished Professor of International Economics at the University of California, Los Angeles, and a former chief economist for Latin America and the Caribbean at the World Bank. His many books include American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold (Princeton) and Crisis and Reform in Latin America: From Despair to Hope *.