Reason.com - Free Minds and Free Markets
Reason logo Reason logo
  • Latest
  • Magazine
    • Current Issue
    • Archives
    • Subscribe
    • Crossword
  • Video
  • Podcasts
    • All Shows
    • The Reason Roundtable
    • The Reason Interview With Nick Gillespie
    • The Soho Forum Debates
    • Just Asking Questions
    • The Best of Reason Magazine
    • Why We Can't Have Nice Things
  • Volokh
  • Newsletters
  • Donate
    • Donate Online
    • Donate Crypto
    • Ways To Give To Reason Foundation
    • Torchbearer Society
    • Planned Giving
  • Subscribe
    • Reason Plus Subscription
    • Print Subscription
    • Gift Subscriptions
    • Subscriber Support

Login Form

Create new account
Forgot password

Comics

Milton Friedman in 'It's A Miracle'

How did Chile avoid becoming like Cuba? Milton Friedman's economic policy has something to do with it.

Peter Bagge | From the January 2021 issue

Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests
Peter Bagge

Start your day with Reason. Get a daily brief of the most important stories and trends every weekday morning when you subscribe to Reason Roundup.

This field is for validation purposes and should be left unchanged.

NEXT: Money Is Social Media

Peter Bagge is a contributing editor and cartoonist at Reason.

ComicsMilton Friedman
Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL
Media Contact & Reprint Requests

Hide Comments (31)

Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.

  1. Jerryskids   5 years ago

    Look, you can't just go around comparing Chile to Cuba any more than you can go around comparing the United States to China, you must compare it to Utopia. Look at all the problems with both Chile and the United States! In Utopia they don't have these problems, in Utopia you've got flying unicorns shitting gold nickels that solve most every problem.

    1. Johnny B   5 years ago

      Well stated, Jerry's. This is why everyone should be libertarian at the margin, which is to say making things more free is always beneficial to society. The problem, of course, is that those who might lose know exactly who they are and scream like hell, while those who may benefit are typically unaware of that, so they remain silent.

    2. NicoleWatts   5 years ago

      [ PART TIME JOB FOR USA ] Making money online more than 15$ just by doing simple works from home. I have received $18376 last month. Its an easy and simple job VYT to do and its earnings are much better than regular office job and even a little child can do this and earns money. Everybody must try this job by just use the info
      on this page…. Visit Here

  2. damiskec   5 years ago

    "How did Chile avoid becoming like Cuba?"

    Helicopters

    "Milton Friedman's economic policy has something absolutely nothing to do with it."

    FTF the non-socialists.

    1. theomore   5 years ago

      Socialism always leads to poverty. If the people who wanted socialism would move to socialist countries we would all be happier.

      Correction: The people who moved to socialistic nations would not be happy . . . They would have met socialism up close and in their face. Socialism is always unpopular with the great majority of those who live under it. The only people happy with socialism is that small sliver of the ruling class . . . and the great masses of people who have never lived under it.

  3. Ken Shultz   5 years ago

    The point that Pinochet was in power whether libertarian capitalists liked it or not is underappreciated, and just because people are suffering under a brutal dictator doesn't mean they should have to suffer under bad policy, too.

    I don't suppose Bagge would follow this one up with a strip about Jean Kirkpatrick, but authoritarians like Pinochet being more susceptible to liberal influences than communist totalitarian dictatorships was not only foreseeable but also foreseen.

    https://www.commentarymagazine.com/articles/jeane-kirkpatrick/dictatorships-double-standards/

    Pinochet held a referendum on his own rule and stepped down when he lost. There was never any chance of Castro doing that--which gives a whole new meaning to the term "permanent revolution".

    1. Gray_Jay   5 years ago

      You would think Pinochet's example, losing that referendum in 1988, might have been a clue for Daniel Ortega in 1990. Whoops.

      They later reelected Ortega though, which further proves I'll never understand Latin American politics.

      1. Earth Skeptic   5 years ago

        Just watch Bananas again.

    2. Mother's Lament   5 years ago

      I can't think of any other dictator who voluntarily left power like that. It was a multi-step process as he went back to the army before retiring from there too, but he did leave power completely and of his own accord.

      1. Halykan   4 years ago

        Uh, I'm not 100% sure, but didn't Tito also leave power voluntarily? And he was still popular when he did so, iirc.

    3. Roberta   5 years ago

      Would Chile have avoided disaster without someone like Pinochet? He was what they needed at the time, and went away when he realized he was no longer what they needed.

  4. SIV   5 years ago

    How did Chile avoid becoming like Cuba?

    They killed their communists.

    1. Roberta   5 years ago

      They say you can't kill an -ism. But if you kill enough of the -ists, that's enough.

    2. 68W58   5 years ago

      It was pretty much the same with Finland as well.

  5. Nemo Aequalis   5 years ago

    How did Chile avoid becoming like Cuba?

    They got Pinochet. When do we get one?

  6. Sometimes Bad Is Bad   5 years ago

    Cmon we all know it’s because Sting wrote a song about it in the 80s. He single handedly got Pinochet removed. Whereas he decided to forgo writing songs about Castro. Not sure why.

  7. Roberta   5 years ago

    I love how the trees are laughing in the title frame.

    1. Roberta   5 years ago

      I like the expression of that one at Stanford, 1982 too: something between a smirk and a scowl.

      1. Roberta   5 years ago

        Like a jack o' lantern.

        1. matoj42   5 years ago

          Seriously I don’t know why more people haven’t tried this, I work two shifts, 2 hours in the day and 2 in the evening…CMs And i get surly a chek of $12600 whats awesome is Im working from home so I get more time with my kids.

          Here’s sign up for details..... Home Profit System

    2. The Encogitationer   5 years ago

      Are those trees clones of the Charlie Brown Kite-Eating Tree from Peanuts?

  8. Bored Lawyer   5 years ago

    Love this panel:

    "But the disparity between the rich and poor."

    "The poverty rate's been cut in half."

    That encapsulates the difference between leftists and capitalists. Leftists want everyone to be equal, and if that takes making everyone equally miserable, then they go for it.

    1. Jerryskids   5 years ago

      +1 Black people getting first crack at the vaccine.

    2. 68W58   5 years ago

      Thatcher had their number-https://www.youtube.com/watch?v=YGS1TSIEZP0

  9. Hattori Hanzo   5 years ago

    Bagge is still producing great work. Always look forward to his Reason strips.

    1. Mongo   5 years ago

      Me too, HH.

  10. The Encogitationer   5 years ago

    So...why didn't opponents of Pinochet send their own consultant to clean up Chile's obviouly rotten record on civil liberties while letting Friedman do his thing on Chile's economics? It would have saved heliocopter fuel and also show to Chileans how magnanimous a free society is because even opponents of that society can live in it and enjoy it. Just a thought.

  11. T. Lord   4 years ago

    a) I don't know if Peter Bagge reads the comments, but if he or anyone with the power to pass on my thanks to him in person does, Thank You. I have read reason for a few decades now, and Bagge's comics here (and in print) are fantastic. My brother plugged his comics to me first, and was right. This one is dead-on, too. I'm sure lots of loony libertarians at least passed through the "Free to Choose" gateway, and also as a choice among evils prefer the Chilean arc to the Cuban one but without super-endorsing it, either.

    b) Is there a comment moderation force readers can join? The work-from-home-google-income stuff may be better than the trollish inside jokes / nitwit comment feuds, but not by much. I don't read every site's comment section, since no one does, but the get-rich-quick comments here are weirdly pervasive. But having worked for a site with a comments section, I know that trolls and spammers are tough, and that there's no great permanent answer. Still, I'd love a down-vote button at least. It's a pretty good feel-good measure, if nothing else 🙂

    1. T. Lord   4 years ago

      Ha! I take back my complaint in (b), supra. I logged in for the first time in ages in order to post my mild rant about comment quality and wonder where the downvote / flag-for-review button is, without realizing that now that I'm logged in, voila, there it is.

      So, uh, Never Mind.

  12. PeteRR   4 years ago

    My GF was 15 when the military ousted/killed Allende. She lived through both the communists and the subsequent military dictatorship. She said the military was bad and eventually corrupt, but Allende and his thugs were far worse. They were removed from power before they could go full Cuba.

  13. Lupe Felix   5 years ago

    [ PART TIME JOB FOR USA ] Making money online more than 15$ just by doing simple work from home. I have received $18376 last month. Its an easy and simple job to do and its earnings are muche betters than regular office job and even a little child can do this and earns money. Everybody must try this job by just use the info
    on this page.....work92/7 online

Please log in to post comments

Mute this user?

  • Mute User
  • Cancel

Ban this user?

  • Ban User
  • Cancel

Un-ban this user?

  • Un-ban User
  • Cancel

Nuke this user?

  • Nuke User
  • Cancel

Un-nuke this user?

  • Un-nuke User
  • Cancel

Flag this comment?

  • Flag Comment
  • Cancel

Un-flag this comment?

  • Un-flag Comment
  • Cancel

Latest

She Got a Permit for Her Chickens. Now the City Is Fining Her $80,000.

C. Jarrett Dieterle | 6.28.2025 6:30 AM

'We Can't Let These Sheep Go'

Fiona Harrigan | From the July 2025 issue

New Orleans City Council Considers Ordinance To Adopt Real-Time Facial Recognition Technology

Ronald Bailey | 6.27.2025 5:00 PM

Clarence Thomas Undermines Free Speech in Porn Site Age-Verification Case

Damon Root | 6.27.2025 4:00 PM

America Has Plenty of Experience With Government-Run Stores, and It Isn't Pretty

Joe Lancaster | 6.27.2025 3:40 PM

Recommended

  • About
  • Browse Topics
  • Events
  • Staff
  • Jobs
  • Donate
  • Advertise
  • Subscribe
  • Contact
  • Media
  • Shop
  • Amazon
Reason Facebook@reason on XReason InstagramReason TikTokReason YoutubeApple PodcastsReason on FlipboardReason RSS

© 2024 Reason Foundation | Accessibility | Privacy Policy | Terms Of Use

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

r

Do you care about free minds and free markets? Sign up to get the biggest stories from Reason in your inbox every afternoon.

This field is for validation purposes and should be left unchanged.

This modal will close in 10

Reason Plus

Special Offer!

  • Full digital edition access
  • No ads
  • Commenting privileges

Just $25 per year

Join Today!