This Brazilian Economist Once Marched for Socialism, But Became a Free-Market Hero

Roberto Campos had not always been an advocate for the ideas of liberty. During his youth, he marched as a socialist supporter and believed that the government should have the power to shape and mold society under the guidance of an elite. It was while serving as a diplomat in the United States that he realized that the government usually is only able to change things for the worse. "I saw, however, that it is an illusion to think that socialism reforms the world. Socialism only makes the world totalitarian,” he once said.

Source