In 1991, the former finance minister of Chile, Alejandro Foxley, said in an interview: “We may not like the government that came before us. But they did many things right. We have inherited an economy that is an asset.”
About twenty years before, General Augusto Pinochet had toppled the democratically elected President of Chile, Salvador Allende. Pinochet’s rule from 1973 to 1990 was characterized by severe violations of human rights, yet finally he agreed to hold a referendum on his political future, and when the Chilean people voted against him, he ste...
Recent Comments
Why do we need a bloody and corrupt dictator to teach us the virtues of liberalizing Georgia’s foreign trade or not meddling with ... Read More
Tuesday, 20 December 2016 3:03 PM
The internet is full of critical accounts about the economic (and not only) aspects of Pinochets regime, including by Chileans and... Read More
Wednesday, 21 December 2016 8:08 AM
I shared this article with a Hebrew University classmate of mine, currently an economics professor in Chile. This is what he wrote... Read More
Wednesday, 21 December 2016 1:01 PM
