Chile brings back the Chicago Boys to return country to prosperity

Monica Showalter:
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Late last year, Chile held a presidential election, and in its result, Chilean voters finally dumped its corruption-plagued, soggy socialist government, up 'til now led by Michelle Bachelet, and re-elected center-right past president, Sebastián Piñera, instead.
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... According to El Mostrador, a Santiago-based Chilean newspaper (in Spanish), he's called in the ICBMs of the economics world into his cabinet, the Chicago Boys, who are the embodiment of free-market economics. The Chicago Boys took their ideas straight from Milton Friedman in the 1970s, predating both Margaret Thatcher and Ronald Reagan, and their free-market reforms turned Chile into a first-world country. Chile is the home to the famous Chilean Model of private savings accounts for pensions that the left screams about, because that reform did more than anything to transform Chile.

El Mostrador reports that multiple people with high-firepower economic degrees are being lined up for Piñera's cabinet as he takes office this month....
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The background Piñera's operating against strongly suggests he's gotten his courage from the example of President Trump.
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The return of free-market reforms gives Chile a chance to prosper again.  Others in South America are also moving to the right.  This is good news for the people.

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