Milei’s Long-Term Victory Depends On Him Winning in the Battle of Ideas

November 21, 2023

by Ryan McMaken Mises.org

On Sunday, Javier Milei was elected president of Argentina by a comfortable margin, with 56 percent of the vote. He will be sworn in as president on December 10.

Over the past year, however, Milei has made a name for himself as an extremely vocal critic of socialism, central banks, and many types of government intervention in general. He has become memorable for fiery commentary condemning the Left’s ideology and tactics while expressing an interest in immediate (i.e., not gradualist) change. He has said he seeks to abolish Argentina’s central bank and introduce the US dollar as the country’s dominant currency.

His fiscal policy is far more in the free-market direction than any other head of state in a country as large as Argentina (with 46 million residents).