Milton Freidman

Chile’s Neoliberal Flip Flop

Milton Freidman (1912-2006) labeled it the “Miracle of Chile,” as his “Chicago Boys,” a considerable group of Chilean economists who studied at the University of Chicago, established his neoliberal principles under the tutelage of General Augusto Pinochet from 1974-90.
The infamous general overthrew Salvador Allende’s socialist Chilean government in a coup d’état in 1973 with help from classified CIA support as well as cloak-and-dagger cheerleading from distant corners of the world, Milton Friedman in Chicago and Henry Kissinger in Washington, D.C.