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I wrote an article on the Chicago boys, but it is still a work in progress
The '''Chicago Boys''' is a term that has been in use since at least 1980s to describe a group of Latin American economists educated in the Department of Economics of the [[University of Chicago]].<ref>Becker, Gary S. [https://www.hoover.org/research/what-latin-america-owes-chicago-boys What Latin America Owes to the "Chicago Boys"], ''Hoover Digest'', October 30, 1997, No. 4</ref> It has been used in particular to describe a group of [[Chile]]an economists who became the primary government advisors to the military junta of General [[Augusto Pinochet]]. They introduced many pro-[[free market]] economic policies focused on economic liberalization, privatization of state-owned companies, and stabilization of inflation.<ref>https://books.google.sk/books?id=nzFXAgAAQBAJ&pg=PA95&lpg=PA95</ref><ref>https://books.google.sk/books?id=tIOzDAAAQBAJ&pg=PA173</ref><ref>https://books.google.sk/books?id=C3mHCgAAQBAJ&pg=PA262</ref>
Conservative and libertarian economists often credit them with instigating what has been described as the [[Miracle of Chile]] which marked not only the beginning of Chile's rapid economic development, but more importantly, democratization of political regime. As told by [[Milton Friedman]]: "The real miracle of Chile is not how well it has done economically; the real miracle of Chile is that a military junta was willing to go against its principles and support a free market regime designed by principled believers in a free market."<ref>Milton Friedman, "Economic freedom, human freedom, political freedom", ''The Human Rights Reader'', 12.1, p. 342 [https://books.google.sk/books?id=z8AiJOqO8rEC&pg=PT370]</ref>
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Conservative and libertarian economists often credit them with instigating what has been described as the [[Miracle of Chile]] which marked not only the beginning of Chile's rapid economic development, but more importantly, democratization of political regime. As told by [[Milton Friedman]]: "The real miracle of Chile is not how well it has done economically; the real miracle of Chile is that a military junta was willing to go against its principles and support a free market regime designed by principled believers in a free market."<ref>Milton Friedman, "Economic freedom, human freedom, political freedom", ''The Human Rights Reader'', 12.1, p. 342 [https://books.google.sk/books?id=z8AiJOqO8rEC&pg=PT370]</ref>
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