I think a lot of it comes down to intellectual arrogance on behalf of these economists, and it's something we've seen from "experts" here in the States on a variety of issues. They can't fathom that, without government intervention and guidance, economies can and will flourish.
They believe they need to be in full control and for the masses to lean on them. When they're proven wrong, as they have been here, my biggest fear is that they'll continue to dig their heels into the dirt and still find a way to claim Milei's reforms have been "disastrous." I hope I'm wrong in that regard.
Anyway, here's to hoping Trump (and Musk) continue to identify and ultimately slash the wasteful spending, as they, myself, and many others call it, for good. He's got a lot to learn from Milei.
It’s only been one year, it can take decades to feel the effects of bad policy. Look to the UK, only now truly feeling the impacts of Thatcher selling off everything in the 80s. Let’s not praise Milei prematurely, anarcho-capitalism is an oxymoronic joke of an ideology.
I haven’t, I’m just personally skeptical of this kind of neoliberal/“anarcho-capitalism” policy so I’m keeping an eye on it now, if it works it’ll definitely be an interesting case study but I think we need to give it more time for the effects of Milei’s policies to really set in.
https://mises.org/profile/ludwig-von-mises
https://fee.org/ebooks/economics-in-one-lesson
Nothing more needs to be said.
Boom! Mic Drop!
Those 108 economists, even if clutching "lauded" prizes in economics, are merely Ponzi scheme enablers ...
And Milei is doing crypto scams like Vice President Trump, supporters of this will be on the wrong side of history.
sweaty right handed bandits
They got it wrong because they believe in magic beans and not reality
The "expert" class continues to soil themselves. Will it ever end?
Question: If you dramatically raise tariffs but hold the money supply constant, what’s the effect!
Actual question. Anyone interested in responding?
I think a lot of it comes down to intellectual arrogance on behalf of these economists, and it's something we've seen from "experts" here in the States on a variety of issues. They can't fathom that, without government intervention and guidance, economies can and will flourish.
They believe they need to be in full control and for the masses to lean on them. When they're proven wrong, as they have been here, my biggest fear is that they'll continue to dig their heels into the dirt and still find a way to claim Milei's reforms have been "disastrous." I hope I'm wrong in that regard.
Anyway, here's to hoping Trump (and Musk) continue to identify and ultimately slash the wasteful spending, as they, myself, and many others call it, for good. He's got a lot to learn from Milei.
It’s only been one year, it can take decades to feel the effects of bad policy. Look to the UK, only now truly feeling the impacts of Thatcher selling off everything in the 80s. Let’s not praise Milei prematurely, anarcho-capitalism is an oxymoronic joke of an ideology.
Have you paid attention to the Argentine economy over the last 40 years?
I haven’t, I’m just personally skeptical of this kind of neoliberal/“anarcho-capitalism” policy so I’m keeping an eye on it now, if it works it’ll definitely be an interesting case study but I think we need to give it more time for the effects of Milei’s policies to really set in.
https://open.spotify.com/track/7kv7zBjMtVf0eIJle2VZxn?si=OqzfdirMSjGV7oi9p4i4Hw