Joseph Stiglitz should stop promoting Latin America’s demagogues

By Axel Kaiser

Published November 22, 2022 5:13am ET

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Joseph Stiglitz should stop promoting Latin America’s demagogues — Pedestrians walk past a mural of Venezuela's President Hugo Chavez in Caracas, Venezuela, Wednesday, Jan. 9, 2013. Venezuela's congress has voted to postpone the inauguration of President Hugo Chavez, which was scheduled for Thursday, to let him recover from cancer surgery in Cuba. Critics say that violates the country's constitution. On Wednesday, Venezuela's Supreme Court backed the congress ruling Chavez's inauguration can be postponed. (AP Photo/Ariana Cubillos) | Ariana Cubillos

On a recent visit to Chile, Nobel laureate economist Joseph Stiglitz claimed that Milton Friedman “had no problem” working with dictator Augusto Pinochet in order to impose his “toxic” ideas on the Chilean people. Friedman, according to Stiglitz, was not just an economist but a “right-wing ideologue” uninterested in facts.

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Economics Latin America