Karen LaFollette Araujo is a Research Fellow at the Independent Institute, President of the Hemispheric Studies Institute, Research Associate at the Institute for Political Economy, and Visiting Fellow of the Universidad Nacional Andres Bello, in Santiago, Chile.

She is the co-author with Paul Craig Roberts of the books, The Capitalist Revolution in Latin America, Chile: Two Visions—The Allende-Pinochet Era, and Meltdown: Inside the Soviet Economy.