  Historical economic growth in Latin America is analysed using the data of
Maddison. Unified Growth Theory is found to be contradicted by these data in
the same way as it is contradicted by the economic growth in Africa, Asia,
former USSR, Western Europe, Eastern Europe and by the world economic growth.
Paradoxically, Unified Growth Theory is repeatedly and consistently
contradicted by the same data, which were used, but never properly analysed,
during the formulation of this theory. Unified Growth Theory does not explain
the mechanism of the economic growth because it explains features contradicted
by data. This theory is based fundamentally on the unfortunate lack of
understanding of the properties of hyperbolic distribution and on the
unscientific analysis of data. There was no transition from stagnation to
growth at the end of the alleged Malthusian regime because the economic growth
was hyperbolic. There was no escape from Malthusian trap because there was no
trap. There was no takeoff. On the contrary, at the time of the alleged takeoff
economic growth started to be diverted to a slower trajectory. Unified Growth
Theory is dissociated from the reality. This theory needs to be revised or
replaced. In its present form, it is a collection of irrelevant stories based
on impressions and on the unscientific use of data.
