Business: An Odd Free Market Success

Despite a dictatorship, Chile's "Chicago Boys"make good

Chile," says a U.S. State Department 'official grudgingly, "is a casebook study in sound economic management." Chile? The country where two months ago the Catholic Church demanded an investigation into the identities of more than 300 bodies found crammed into unmarked coffins in a Santiago cemetery? Chile? The international pariah that refuses to extradite to the U.S. the former head of the Chilean secret service and two other army officers indicted for murder by a federal grand jury? Yes, Chile, where Military Dictator Augusto Pinochet is...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!