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Axel Kaiser: Political and Economic Changes in Chile | The Human Progress Podcast Ep. 24

The Human Progress Podcast

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What Happened in Chile?

Chile went from full scale socialism to free market reforms in a very short period of time. They privatized state rond companies, created an independent central bank for the first time and got rid of all most prices that were fixed. "To a large extent, what happened in chile with thise freemarket reforms er was a back clash against the welfer state," he says.

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