Chile by Phil O'Brien
The Pinochet Decade : The Rise and Fall of the Chicago Boys (Latin American Bureau special brief)

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Chile: the Pinochet Decade is for anyone curious to know what the economic policies of the 'Chicago Boys' (the monetarist school founded by Milton Friedman) are really like once put in practice. The introduction of Friedman's economics into Chile after Pinochet's putsch in 1973 was the first practical application of the monetarists' theory. The book comes from Phil O'Brien and Jackie Roddick of Glasgow University. previously major contributors to the more thorough and authoritative analysis published in the UK of the Chile of Salvadoi Allende, Chile: State and Revolution, Based on a wide range of interviews with Chilean bankers, economists, industrialists high-ranking civil servants, military men and leaders of some of the country's professional associations, their own book is full of insights into the mentality of those who proceeded to apply the shock treatment to the Chilean economy from 1975, caring nothing for the social consequences: 'The Chicago model is based on one extraordinarily simple idea: the argument that economic liberty is more fundamental than political liberty.

About Phil O'Brien

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Published June 1, 1983 by Monthly Review Pr. 124 pages
Genres: Political & Social Sciences.