About "Latin American economic thought," before we get carried away, 
it may be worth considering that the only "Latin American" cited, 
Jose Maria Luis Mora (1794-1850), a Mexican who developed his 
practical recommendations for reform in Mexico 15-20 years before 
anyone began thinking about "Latin America," took his ideas of 
political economy from Campomanes, Jovellanos, and other Spaniards, 
who themselves drew their ideas very largely from Smith and Quesnay. 
The historical literature on these influences is old and substantial. 
"Economic liberalism" in Mexico then, or in any of the other new 
republics southward, was not really "Latin American," but respectful 
Mexican (et al.) attempts to apply one or another English or French 
liberalism (or some mixture of them) to new, national conditions.

John Womack