The Chicago Boys and Chilean Politics

The clash of political philosophies is an ongoing human saga. History is filled with the good, the bad and the ugly when opposing views collide. The writers of history can shape opinion and even alter the significance of the past. The story of the Chicago Boys and their rise to fame from the University of Chicago circa 1957 to Chilean politics in the 70′s and 80′s is an extraordinary one. However, the story gets muddled because of the tactics used by Augusto Pinochet to turn a country around. Shamefully, it also gives some historians an opening to blame the applied economic principles for much of the subsequent strife that took place during Pinochet’s rule. The “Miracle of Chile”, though, lives on as one of the bright spots in Chile’s rise to economic success.

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