Chicago Boys

E556500

The Chicago Boys were a group of Chilean economists trained at the University of Chicago who implemented radical free-market reforms under Augusto Pinochet’s military dictatorship.

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Chicago Boys canonical 1

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Predicate Object
instanceOf economic policy advisory group
group of economists
activeInPeriod 1970s
1980s
associatedWithEvent Chilean economic reforms under Pinochet
“Miracle of Chile”
collaboratedWithInstitution Pontifical Catholic University of Chile
countryOfOrigin Chile
criticizedFor high social costs of adjustment
rapid privatization policies
social inequality resulting from economic reforms
educatedAt University of Chicago
fieldOfWork development economics
economic policy
economics
macroeconomics
hasAlternativeName Chicago Boys (Chilean economists)
hasLanguage Spanish
hasNotableConcept shock treatment economic reforms in Chile
ideology free-market economics
monetarism
neoliberalism
implementedPolicyIn Chilean military dictatorship
influenced Washington Consensus policies
economic reforms in Latin America
influencedBy Arnold Harberger
Chicago school of economics
Milton Friedman
member Alvaro Bardón
linked to: Álvaro Bardón

Hernán Büchi
José Piñera
Pablo Baraona
Rolf Lüders
Sergio de Castro
notableIdea deregulation of markets in Chile
fiscal austerity policies in Chile
pension system privatization in Chile
privatization of state-owned enterprises in Chile
promotion of foreign investment in Chile
trade liberalization in Chile
notableWork implementation of free-market reforms in Chile
operatedIn Chile
praisedFor promoting export-led growth in Chile
reducing inflation in Chile
roleInGovernment economic advisers to Augusto Pinochet
trainedThrough Chile–University of Chicago exchange program
workedUnder Augusto Pinochet

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Referenced by (1)

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