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> One of the great mistakes is to judge policies and programs by their intentions rather than their results. It's useful to remember what Friedman's advice did
by tehjoker 5y ago
> One of the great mistakes is to judge policies and programs by their intentions rather than their results.
It's useful to remember what Friedman's advice did to Chile when he supported the Pinochet regime.
https://www.thenation.com/article/archive/the-chicago-boys-in-chile-economic-freedoms-awful-toll/ https://www.thenation.com/article/archive/the-chicago-boys-i...
https://www.theguardian.com/commentisfree/cifamerica/2010/mar/03/chile-earthquake https://www.theguardian.com/commentisfree/cifamerica/2010/ma...
- jschveibinz 5y agoJust to clarify, Milton Friedman most likely did not “support” the Pinochet regime. Here is another article on the topic: https://www.theatlantic.com/business/archive/2008/07/milton-friedman-and-chile/3841/ https://www.theatlantic.com/business/archive/2008/07/milton-... Nevertheless, Friedman’s words stand on their own, and I thought that the addition of the quotes worked well with the post. I am not making political statements, because I don’t find them to be appropriate for HN. Peace.
- tehjoker 5y agoI don't think the claim that he supported Pinochet means he had a direct hand in the coup, it's that he attempted to re-engineer the Chilean economy after the CIA linked plot assassinated the democratically elected socialist president who was attempting to socialize parts of the economy. The free market reforms were a disaster for the people that were only able to be applied under the terms of dictatorship. https://en.wikipedia.org/wiki/Salvador_Allende https://en.wikipedia.org/wiki/Salvador_Allende
- listless 5y agoNothing like a little ad hominem to get the blood flowing