The Capitalist Revolution in Latin America

This book discusses the contempory and historical economies of Mexico, Chile, and Argentina. It is an easy read, with little technical jargon. In addition, it lucidly discusses the elementary probelms of development economics, notably rent-seeking, and details the benefits and benevolence of free market economies. The book focuses on the insitutions and environments that have encouraged unproductive and impoverishing political policies. Furthermore, they discuss the effects of these institutions and policies. The authors are not shy in their dislike for socialism, but they support their case very well with theoretical discussion and empirical evidence. This is an excellent introdution to Latin American Economies, Development Economics, or Foreign Affairs. Highly Recommended!

This is an important book for future generations. The revolutionary work done by Pinochet and his advisors, copied not only in Latin America but the world at large. It is also important that this book calls Pinochet by his real name, a Capitalist. These days anybody that doesn't agree with marxists-liberals is a fascist. I'm still waiting to see how fascists implement free-market reforms like Pinochet did. In summary: Pinochet is a Capitalist, fundamentalist if you will, who allied with the U-S during the Cold War, which was the fight between Capitalism and Communism. For a Latin American fascist look at Peron. Wether you are in favor or against Pinochet it is important to get your facts straight.