How Chile became home to the world-s most radical free-market experiment-and what its downfall suggests about the fate of neoliberalism around the globe
In The Chile Project, Sebastian Edwards tells the remarkable story of how the neoliberal economic model-installed in Chile during the Pinochet dictatorship and deepened during three decades of left-of-center governments-came to an end in 2021, when Gabriel Boric, a young former student activist, was elected president, vowing that -If Chile was the cradle of neoliberalism, it will also be its grave.- More than a story about one Latin American country, The Chile Project is a behind-the-scenes history of the spread and consequences of the free-market thinking that dominated economic policymaking around the world in the second half of the twentieth century-but is now on the retreat.
In 1955, the U.S. State Department launched the -Chile Project- to train Chilean economists at the University of Chicago,