The economic legacy of Augusto Pinochet
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Any satisfaction at Augusto Pinochet’s passing is tempered with “bitter regret” that he was never brought to justice for the murder of 3,200 people and the torture and exile of thousands more, says The Guardian. The Chilean dictator, who ruled his country from 1973 until 1990 – in 1988 he lost a referendum he had been forced to call on his continued rule – personified state terror “with his sinister dark glasses and Ruritanian uniform”. Pinochet was a soldier with “very limited intellectual acumen”, says Alvaro Vargas Llosa in The Wall Street Journal, but for all his human rights abuses, he did manage to preside over an economic transformation. The economy was in a mess when he took over and he “fortuitously” hired a group of economists influenced by Milton Friedman, whom he had never heard of, to sort it out.
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