After his meeting with Pinochet, Friedman made some personal notes about the encounter, which he reproduced decades later in his memoirs. He observed that the general “was sympathetically attracted to the idea of a shock treatment but was clearly distressed at the possible temporary unemployment that might be caused.”22 At this point, Pinochet was already notorious the world over for ordering massacres in football stadiums; that the dictator was “distressed” by the human cost of shock therapy might have given Friedman pause.
