Chile’s Economic Transformation: Planting the Seed of Ideas (Part One)

First Published: 2012-12-15

From the Atlas Network:

"In the late 1950’s the Chicago boys marked the beginning of the economic revolution that later took place. In this first video of the series we get to learn how their story began."

"The Transforming Americas video series tell the story of the Economic Transformation of Chile in all of its stages. Based off interviews done by Atlas staff, the key players shown in the videos show us the power of ideas and how countries can develop both economically and socially."

As Milton Friedman pointed out; “Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.”

Hopefully The Nassau Isntitute contributes in some small way to keeping sensible ideas on the table.

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