Hygro
soundcloud.com/hygro/
I was discussing Austrian economics with one of my profs and his answer for its value today was that it lead to Chicago economics. He then pointed out Chicago economics' big success in Chile, human rights abuses aside. I was checking the GDP/capita graph on wikipedia and it didn't look like any success to me. In fact, their economy didn't really take off until the fiercest elements of Chicago doctrine were let go.
Given that Pinochet stopped socialism and instituted an economic policy that eventually lead to some fantastic growth way after he took power, was he over all a good force? Did he save Chile from the stagnation and economic decay that comes with communism and Allende's well intentioned but broken economic policies? Or was he simply a junta goon who should only be remembered for overthrowing the peoples' choice while torturing and disappearing (which is worse than murdering) his citizens, and then could later credit growth unrelated to his policies?
Given that Pinochet stopped socialism and instituted an economic policy that eventually lead to some fantastic growth way after he took power, was he over all a good force? Did he save Chile from the stagnation and economic decay that comes with communism and Allende's well intentioned but broken economic policies? Or was he simply a junta goon who should only be remembered for overthrowing the peoples' choice while torturing and disappearing (which is worse than murdering) his citizens, and then could later credit growth unrelated to his policies?