Luis Escobar Cerda (10 February 1927 – 24 August 2024) was a Chilean economist, academic, businessman, and consultant.

He served as Minister of the Economy, Development and Reconstruction from 1961 to 1963 under President Jorge Alessandri, where he led the reconstruction of Valdivia following the city's destruction in the 1960 Valdivia earthquake.

[1] He later became Minister of Finance from 1984 until 1985 during the military dictatorship of Augusto Pinochet.

[1] Cerda also served as the dean of the department of economics at the University of Chile from 1955 until 1964.

[1] In an interview with the El Mercurio newspaper, his son, Luis Eduardo Escobar, stated that his father "always considered himself a social democrat, although his two positions were from right-wing governments [Alessandri and Pinochet].