The Fall of Chile Is a Warning to America

The Fall of Chile Is a Warning to America
The flag of Chile. Elias Almaguer/Unsplash
Stephen Moore
Updated:
Commentary

Back in the 1970s, the nation of Chile embarked on one of the boldest sets of free-market economic reforms in history. The government called in the Chicago Boys, as they were called, led by Milton Friedman and other University of Chicago free-market economists.

Stephen Moore
Stephen Moore
Author
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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