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The Chicago Boys were a group of Chilean economists prominent around the 1970s and 1980s, the majority of whom were educated at the Department of Economics of the University of Chicago under Milton Friedman and Arnold Harberger, or at its affiliate in the economics department at the Pontifical Catholic University of Chile. After they finished their studies and returned to Latin America, they adopted positions in numerous South American governments including the military dictatorship of Chile (1973–1990), as economic advisors. Many of them reached the highest positions within those governments.[1] Ronald Reagan and Margaret Thatcher were influenced by Chile's policies and economic reforms.[2]

  1. ^ Naomi Klein, 2007, The Shock Doctrine: The Rise of Disaster Capitalism
  2. ^ O'Brien, Philip J. (1983). Chile, the Pinochet decade : the rise and fall of the Chicago boys. Jacqueline Roddick. London: Latin America Bureau. ISBN 0-906156-18-1. OCLC 10830245.

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