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Milton Friedman and the Miracle of Chile

blankfist says...

http://online.wsj.com/article/SB10001424052748703411304575093572032665414.html

What Chile did have was intellectual capital, thanks to an exchange program between its Catholic University and the economics department of the University of Chicago, then Friedman's academic home. Even before the 1973 coup, several of Chile's "Chicago Boys" had drafted a set of policy proposals which amounted to an off-the-shelf recipe for economic liberalization: sharp reductions to government spending and the money supply; privatization of state-owned companies; the elimination of obstacles to free enterprise and foreign investment, and so on."

In left-wing mythology—notably Naomi Klein's tedious 2007 screed "The Shock Doctrine"—the Chicago Boys weren't just strange bedfellows to Pinochet's dictatorship. They were complicit in its crimes. "If the pure Chicago economic theory can be carried out in Chile only at the price of repression, should its authors feel some responsibility?" wrote New York Times columnist Anthony Lewis in October 1975. In fact, Pinochet had been mostly indifferent to the Chicago Boys' advice until the continuing economic crisis forced him to look for some policy alternatives. In March 1975, he had a 45-minute meeting with Friedman and asked him to write a letter proposing some remedies. Friedman responded a month later with an eight-point proposal that largely mirrored the themes of the Chicago Boys.

For his trouble, Friedman would spend the rest of his life being defamed as an accomplice to evil: at his Nobel Prize ceremony the following year, he was met by protests and hecklers. Friedman himself couldn't decide whether to be amused or annoyed by the obloquies; he later wryly noted that he had given communist dictatorships the same advice he gave Pinochet, without raising leftist hackles.

As for Chile, Pinochet appointed a succession of Chicago Boys to senior economic posts. By 1990, the year he ceded power, per capita GDP had risen by 40% (in 2005 dollars) even as Peru and Argentina stagnated. Pinochet's democratic successors—all of them nominally left-of-center—only deepened the liberalization drive. Result: Chileans have become South America's richest people. They have the continent's lowest level of corruption, the lowest infant-mortality rate, and the lowest number of people living below the poverty line.

Jimmy Carr vs Hecklers (compilation)

Opus_Moderandi says...

>> ^kceaton1:

Some people really don't understand that they're walking jokes. Hell I could've fried most of these idiots to hell and back.
Seriously, why do these idiots even get a sentence out. You would be thrown out of my theater for anything these idiots did--no refund.
/Sometimes I wonder if they're plants for that very reason.


Alcohol?

Hybrid (Member Profile)

Jimmy Carr vs Hecklers (compilation)

siftbot says...

Tags for this video have been changed from 'jimmy, carr, hecklers, insults, comedy, standup, jokes, audience' to 'jimmy carr, hecklers, insults, comedy, standup, jokes, audience' - edited by xxovercastxx

Louis CK vs Hecklers

MikesHL13 (Member Profile)

How George Carlin Handles a Heckler

Jimmy Carr at it Again, Doing What He Does Best

alien_concept says...

>> ^Aniatario:

Jimmy Carr is quite an amazing comedian, he's actually created an environment where his audience is encouraged to heckle. The audience is confident enough to step-in and become part of the performance with no serious blowback.
You really got to hand it to Jimmy, he know his audience. Whats more, every interaction I've seen him hold with a heckler the outcome is always witty and quite jovial.


That is so perfectly put, I completely agree. He's taken the thing that most comedians dread, and so few pull off anything worthy and thrown it right back at the audience. And like you said, because of that, there's never any negative undertones, which is lovely

Jimmy Carr at it Again, Doing What He Does Best

Aniatario says...

Jimmy Carr is quite an amazing comedian, he's actually created an environment where his audience is encouraged to heckle. The audience is confident enough to step-in and become part of the performance with no serious blowback.

You really got to hand it to Jimmy, he know his audience. Whats more, every interaction I've seen him hold with a heckler the outcome is always witty and quite jovial.

Jimmy Carr at it Again, Doing What He Does Best

Cavaliers fan attacks Jazz mascot - gets PWNED by mascot

MonkeySpank says...

There is a professional camera man in the court who filmed the whole thing. Anybody know if the video from their perspective showed up? This looks like a fake since security doesn't usually walk a heckler through the court.

Ryan Stout - Tooth Fairy (plus Heckle)

Kevin Smith's Battle of the Mantits

Kevin Smith's Battle of the Mantits

Words, Words, Words: Bo Burnham is back!

kymbos says...

I saw this guy when he had just taken over the web a few years ago, at about 1am in a booze-filled room in Melbourne. I was expecting him to get eaten alive by boozed-up Aussies, but he totally killed. He ruined a few hecklers on the way. I was pretty impressed.



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