Daniel Lederman. The Political Economy of Protection: Theory and the Chilean Experience. Stanford, Calif.: Stanford University Press, 2005. ix + 191 pp. ISBN 0-8047-4917-5, $55.00.

To anyone teaching the political economy of protection, Chilemust be among the closest "natural" experiments around. Thisbook provides a rich and very informative interpretation ofChilean trade policies that covers the period 1810–2000. Chapter 1 reviews the contributions by economists and politicalscientists to the public choice approach to the determinantsof protection. Contributions by the economics and politicalscience literature are grafted to a supply-demand frameworkof protection, with much of the discussion focusing on