Chile

The Complicated Legacy of the “Chicago Boys” in Chile

How did a group of Chicago-trained economists manage to turn Chile into the cradle of neoliberalism? As the country aims to move...

Economic Crisis and Poverty Might Kill More People Than the Coronavirus

Saving lives is the priority. Doing so depends on a delicate balance between health, economic, and social variables. But, above all, it depends on a population that trusts that these measures seek the common good, not the interest of a few.

In Chile, It Is Always the Banks That Decide the Direction of Politics

Chile's government announced it would deliver $24 billion in state-guaranteed loans through the financial system to save companies at risk of bankruptcy due to the...

Chile Reaches Its Greenspan Moment

"I am in a state of shocked disbelief," former Federal Reserve chair Alan Greenspan said during the 2008 crisis, before confessing: "I found a...

Populism Weakened the Immune System of Our Democracies. Chile Is an Example

Modern societies have developed immune systems to deal with epidemics: international cooperation, social cohesion, universal health care systems. But today we face the greatest...

Why an Antimonopoly Movement Is the Kind of Populism That Chile Needs

President Piñera's approval rating has reached a record low, not just for the Chilean democracy, but for all of South America. The rise of...

Economics Podcast Recommendations: Esther Duflo on Poverty, James Robinson on Development, and Cesar Hidalgo on Chile

ProMarket’s picks for the best podcasts covering economics, finance, and political economy. HBR Ideacast: Esther Duflo In this episode of the Harvard Business Review's weekly HBR...

The Reality of Inequality and Its Perception: Chile’s Paradox Explained

While conventional indicators show a significant decline in inequality, the perception among Chile’s citizens is that inequality has greatly increased. The development model Chile...

Chile's Fall From Grace Shows the Failures of Neoliberalism

For many years, Chile’s economic growth and transition to democracy have made it the poster boy for neoliberalism. The current wave of protests highlights...

How Economic Concentration and Crony Capitalism Led to the Chaos in Chile

The signals of unrest in Chile mounted for years amid corruption scandals, rising inequality, and new monopolies. The fare increase on public transport that...

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Tech Platforms and the Antitrust Duty to Deal

Why is there a widespread view that existing American antitrust law is ill-equipped to address dominant platforms that exclude or discriminate against...

Study: the Covid-19 Eviction Moratoriums Helped Reduce Food Insecurity and Mental Stress

A new study investigates the impact of 2020 Covid-19 rental eviction moratoria on the wellbeing of US households, finding that eviction moratoria...

Cogs and Monsters: Is Economics Destined to Remain a Dismal Science?

In her bold new book Cogs and Monsters: What Economics Is, and What It Should Be, Cambridge professor Diane Coyle offers a...

Is there a “California Effect” in Data Privacy Law? Why the EU is Not the World’s Privacy Cop

It is common lore in data privacy law and other fields that stringent regulatory standards (such as the ones introduced in the...

Governments Were Forced to Restrict Civil Liberties to Deal With Covid-19. More Flexible Constitutions Could Prevent That From Becoming the New Normal

A new paper argues that exploitation of gaps within democratic constitutions during emergencies, such as the Covid-19 pandemic, has the potential to...