Milton Friedman's "Chicago-school" theories, leading first to a wracking depression, then to strong economic growth and a sharp decline in the inflation rate (700 percent in 1973, six per- cent in early 1981).
?In 1978-81, "structural reforms" of the economy, notably ending much state control and many direct services. Under threat of an Ameri- can AFL-CIO boycott of Chilean exports, for instance, the Pinochet re- gime allowed unions to organize at the plant level and to strike...