Bolsonaro’s Brazil: Chicago Boy-style Neoliberalism

When it comes to neoliberal reforms, all eyes are on Paulo Guedes, Brazil’s next minister of the economy, who will head a ‘super-ministry’ that combines finance, industry, trade and planning. Guedes is a committed neoliberal. He not only earned his PhD at the University of Chicago where he was taught by the extreme right-wing economist Milton Friedman, but he is also a well-known fan of the Chicago boy economists who managed Chile’s economy during the Pinochet dictatorship, turning Chile into the first experiment in neoliberalism in Latin America.  More

Source: Bolsonaro’s Brazil: Chicago Boy-style Neoliberalism

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