Chicago Boys
The Chicago Boys (c. 1970s) were a group of about 25 Chilean economists working under the Augusto Pinochet administration. Most of the Chicago Boys received their basic economic education from the School of Economy in Universidad Católica, and were later postgraduate exchange students at the University of Chicago. The group was influenced by Arnold Harberger's Latin American Finance Workshop, Milton Friedman's Money and Banking Workshop, and the Chicago School of Economics. They had written a 189-page manifesto that called for the immediate privatization of Chile's state-owned enterprises that Socialist President Salvador Allende's administration had nationalized. Journalist Greg Palast claims to have infiltrated this group during the early 1970s, while working undercover for electric and steel unions.
Some of the Chicago Boys include
- Sergio de Castro (Minister of Finance, 1974 - 1982)
- Pablo Baraona (Minister of Economy, 1976 - 1979)
- Alvaro Bardón (Minister of Economy, 1982 - 1983)
- Hernán Büchi (Minister of Economy, 1979 - 1980, Minister of Finance 1985 - 1989)
- Robert Kelly (Minister of Economy, 1978 - 1979)
- Fernando Léniz (Minister of Economy, 1973 - 1975)
- Emilio Sanfuentes (economic advisor in central bank)
- Juan Villarzú (director of Budgets)
- Jorge Cauas (Minister of Property, 1975 - ?)
- José Pińera
- Francisco Soza
- Juan Carlos Méndez
- Rolf Lüders