MILTON in FRIEOMAN.

• Author: Bagge, Peter
• Position: Cartoon

ITS A MIACLE:

SATIAGO, CHILE, 1973...

SO MANY OF OUR COLLEAGUCSS HAVE BEEN DISAPPEARING LATELY...

BUT THE OLD REGIME WAS STARTING TO HEAD DOWN THAT SAME ROAD...

AND I FEAR THEY WON'T BE REAPPEARING?

THIS NEW REGIME INTENDS TO STRIKE TERROR IN THE HEARTS OF ITS OPPONENTS...

AND IT'S OBVIOUSLY WORKING.

WITH ALLENDE DOUBLING DOWN ON 415 DISASTROUS POLICIES...

WE WERE PAPIDLY BECOMING ANOTHER, CUBA...

BUT WILL PINOCNET BE OPEN TO OUR FREEMARKCT PROPOSALS?

AFTEP WHICH WEO BE THE ONES WHO'O BE, DISAPPEARING'

MILITARY LEADERS ARENT REALLY KNOWN FOR THEIR NTELLECT

I DON'T KNOW...

BUT I SENT HIM A COPY OUR REPORT ANYWAY.

IT'S AS THICK AS A BRICK!

I'LL BE SURPRISED IF HE READS IT…

TWO YEARS LATER...

PROFESSOR FRIEDMAN! THANK YOU FOR HELPING US MAKE OUR CASE TO GENERAL PINOCHET. ESPECIALLY SINCE HE HAS SUCH A BAD INTERNATIONAL REPUTATION

AND WELL-DESERVED, I'M SURE...

AND SO...

... PRINTING MORE MONEY TO ALLEVIATE DEBT WILL ONLY LEAD TO MORE INFLATION...

YES, YES...

YOUR FORMER STUDENTS HERE HAVE ALREADY TOLD ME ALL THIS...

ONE HOUR LATER...

CHILE WILL SOON HAVE A ROBUST, FREE MARKET ECONOMY!

THE FUTURE IS OURS!

I'M SURE YOU'LL BE ABLE TO CURB INFLATION IN THE SHORT RUN...

BUT I'M NOT HERE TO ASSESS ONE MAN'S CHARACTER...

INSTEAD, WE MUST FOCUS ON HOW TO HELP THE PEOPLE OF CHILE PROSPER!

YES!

PRECISELY!

I'M JUST GLAD NONE OF YOU ARE COMMUNISTS...

I HATE COMMUNISTS...

SAY, COULD ONE OF YOU SET ME UP WITH AN OFF-SHORE BANK ACCOUNT?

WE'RE IN!

BUT UNTIL THAT MAN STEPS DOWN HE'LL PROVE TO BE YOUR BIGGEST HINDRANCE...

FREEDOM AND PROSPERITY GO HAND IN HAND...

AND A PROSPEROUS PEOPLE ALWAYS DEMAND MORE SAY IN HOW THEY ARE GOVERNED!

STANFORD UNIVERSITY, 1982...

IT APPEARS YOUR THEORIES HAVE TOTALLY BACK-FIRED IN CHILE, PROFESSOR...

"BACK-FIRED"? HOW SO?

AND THEIR CURRENCY HAS BEEN RUINOUSLY DEVALUED...

BECAUSE THEY PEGGED IT TO THE U.S. DOLLAR...

INSTEAD OF FLOATING IT IN INTERNATIONAL MARKETS...

LIKE I TOLD THEM TO.

BUT YOU WERE NIXON'S ADVISOR...

HE CONSULTED ME ABOUT THE DRAFT...

I ADVISED HIM TO GET RID OF IT.

YOU'RE WELCOME.

YOU ALSO PREDICTED THAT A FREE MARKET WOULD LEAD TO A RETURN TO DEMOCRACY...

YET PINOCHET IS STILL IN POWER.

YES. AND THAT IS DISAPPOINTING...

FOR ONE THING, THEY'RE MIRED IN A DEEP RECESSION...

THE WHOLE WORLD IS IN A DEEP RECESSION...

WHY WOULD CHILE BE EXEMPT?

AND THEN THERE'S PINOCHET...

WHOSE U.S.BACKED COUP YOU SUPPORTED!

NONSENSE. THAT COUP WAS A FAIT ACCOMPLI BY THE TIME I GOT INVOLVED...

HAD I BEEN CONSULTED I WOULD HAVE...