Chilean economist Sebastian Edwards discusses his book about the 'Chicago Boys' in Chile. The podcast explores the tension between democratic freedom, economic growth, and social equality. It delves into the success and consequences of neoliberal policies in Chile, the narrative and reality of the Chilean experiment, and the relevance of neoliberalism and lessons learned. The significance of income distribution, social stability, and the ongoing need for safeguards in market-based societies are also explored.

Sebastián Edwards, a UCLA professor and expert on Latin American economics, delves into Chile's transformative economic journey since the 1970s. He discusses the rise of neoliberalism through the Chicago Boys and its regional impact, contrasting Chile's successes with Argentina's struggles. The conversation extends to historical debt defaults and their implications, as well as Chile's recent social unrest driven by growing inequality. Edwards offers a critical lens on these historical events, highlighting lessons for the future of Latin America's economy.