What Happened to the Chilean Economic Miracle? |
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Authors: | Tim Congdon |
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Abstract: | Chile's 8-year experiment in free markets achieved spectacular advance. Its success was hailed by market economists and its failure by economic dirigistes. Was the failure inevitable or accidental? What are the lessons for other less-developed countries? Tim Congdon condemns the critics for focussing on the symptoms but ignoring the causes. |
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