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Friedrich Hayek and His Visits to Chile

Author

Listed:
  • Bruce Caldwell
  • Leonidas Montes

Abstract

F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with Genera l Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Ha yek gave interviews that were published in the Chilean newspaper El Mercurio and in which he discussed authoritarian regimes and the problem of unlimited democracy. After each trip, he complained th at the western press had painted an unfair picture of the economic situation under the Pinochet regime. Drawing on archival material, interviews, and past research, we provide a full account of this controversial episode in Hayek's life.

Suggested Citation

  • Bruce Caldwell & Leonidas Montes, 2014. "Friedrich Hayek and His Visits to Chile," Center for the History of Political Economy Working Paper Series 2014-12, Center for the History of Political Economy.
    • Handle: RePEc:hec:heccee:2014-12
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    File URL: http://hope.econ.duke.edu/node/1025
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    Keywords

    F. A. Hayek; Chile; Chicago Boys; Augusto Pinochet; Salvador Allende; Milton Friedman; Centro de Estudios Publicos (CEP); El Mercurio;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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