The Chilean Pension Reform and Its Lasting Impact
Chile's 1970s pension reform introduced Personal Retirement Accounts (PRAs), replacing the state-run pay-as-you-go system under President Augusto Pinochet's leadership.
Milton Friedman
The Chicago Boys and the Birth of Neoliberalism in Chile
The Chicago Boys implemented neoliberal reforms in Chile under Pinochet, driven by free market fundamentalism and led to significant social and economic changes.
The 1973 Chilean Coup and the Rise of Neoliberalism
The 1973 Chilean coup marked a turning point in the development of neoliberalism, leading to a significant reduction in inflation but also far-reaching social consequences.