Pinochet's Economists: The Chicago School of Economics in Chile

Pinochet's Economists: The Chicago School of Economics in Chile

by Juan Gabriel Valdes
     
 

This book tells the extraordinary story of the Pinochet regime's economists, known as the "Chicago Boys." It explores the roots of their ideas and their sense of mission, following their training as economists at the Department of Economics at the University of Chicago. After their return to Chile, the "Chicago Boys" took advantage of the opportunity afforded them by… See more details below

Overview

This book tells the extraordinary story of the Pinochet regime's economists, known as the "Chicago Boys." It explores the roots of their ideas and their sense of mission, following their training as economists at the Department of Economics at the University of Chicago. After their return to Chile, the "Chicago Boys" took advantage of the opportunity afforded them by the 1973 military coup to launch the first radical free market strategy implemented in a developing country. The ideological strength of their mission and the military authoritarianism of General Pinochet combined to transform an economy that, following the return to democracy, has stabilized and is now seen as a model for Latin America. This book, written by a political scientist, examines the neo-liberal economists and their perspective on the market. It also narrates the history of the transfer of ideas from the industrialized world to a developing country, which will be of particular interest to economists.

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Product Details

ISBN-13:
9780521064408
Publisher:
Cambridge University Press
Publication date:
06/05/2008
Series:
Historical Perspectives on Modern Economics Series
Pages:
352
Product dimensions:
6.00(w) x 8.90(h) x 0.90(d)

Table of Contents

Preface and acknowledgments
Introduction1
1Authoritarians without a project16
2Ideological transfer38
3The Chicago School of Economics52
4The actors of ideological transfer81
5The contracts between ICA, Chicago, and the Universidad Catolica109
6The Chile Project and the birth of the Chicago Boys127
7The implantation of the Chicago School in Chile162
8The export of the Chicago tradition181
9In search of politics201
10The elusive hegemony218
11Under the Unidad Popular241
Conclusion253
Notes281
Index323

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