The Chicago Boys (c. 1970s) were a group of young male, mostly Chilean economists, the majority of whom trained at the Department of Economics of the University of Chicago under Milton Friedman and Arnold Harberger, or at its affiliate in the economics department at the Catholic University of Chile.
The earliest introduction of energy market concepts and privatization to electric power systems took place in Chile in the early 1980s, in parallel with other market-oriented reforms associated with the Chicago Boys.
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Enjoying close contacts with Jorge Alessandri, he converted himself to the neoliberal economic policies supported by the Chicago Boys and eventually distanced himself from Alessandri, while getting closer to Pinochet and to his minister Sergio Fernández.