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Chile's economy, which was highly protected under Allende, has become much less restricted and more entrepreneurial. The transformation has been largely the work of those whom Chileans call the "Chicago Boys," a handful of officials and academics led by Planning Minister Miguel Kast, 30, Finance Minister Sergio de Castro, 49, and Central Bank President Alvaro Bardon, 39. All have graduate degrees in economics from the University of Chicago, the spiritual home of Free Marketeer Milton Friedman. Like most Chilean economists, the Boys were fervent opponents of Allende, and the military junta picked many of them for top jobs...

Author: /time Magazine | Title: Business: An Odd Free Market Success | 1/14/1980 | See Source »

...satisfaction in the results. The meaning, as Presidential Press Secretary Jody Powell saw it: "Anyone who wishes to challenge the President had better be prepared for a long, tough fight every step of the way." Added a Carter strategist: "This showed we're in good shape organizationally." But Sergio Ben-dixen, executive director of the Florida draft-Kennedy committee, saw a different significance: "We proved we have strength. But it's very tough to fight the incumbent without a real candidate. With him in it, we would have swept Florida...

Author: /time Magazine | Title: Nation: The President and the Phantom | 10/29/1979 | See Source »

Unwisely, Kennedy's fervent backers started out by making farfetched predictions of outright victory. But they steadily deflated those claims until, by last week, the chastened draft organizer, Sergio Bendixen, ventured: "We're hanging in there...

Author: /time Magazine | Title: Nation: Premature Poll | 10/22/1979 | See Source »

Carter Coordinator Jay Hakes understates matters when he notes that "the perception is as important as the reality." The Carter supporters want to demonstrate that Kennedy can be defeated. On the other hand, says Sergio Bendixen, co-director of the Kennedy forces, "if we can beat an incumbent President with an unannounced candidate, it's a stunning accomplishment...

Author: /time Magazine | Title: Nation: Playing the Florida Game | 10/15/1979 | See Source »

...cocaine was available at parties the night before and the evening after the fund raiser. TIME has learned that among the witnesses is Lana Rawls, ex-wife of Soul Singer Lou Rawls. She told the FBI that on Oct. 21, Jordan, Caddell, Kraft, Golden and several others dined at Sergio's Restaurant, a Beverly Hills supper club that has since closed. After dinner, according to Lana Rawls, they returned to the Century Plaza, where cocaine was made available to them. Her attorneys have told the Government that, if granted immunity from prosecution, she will testify that she saw Jordan...

Author: /time Magazine | Title: Nation: Coke Case | 9/24/1979 | See Source »

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