Are politicians brave enough for daredevil economics?
New research shows rapid liberalisation offers growth, along with initial pain
At first glance, Argentina faces a stark choice in the second round of its presidential election on November 19th. Sergio Massa, the current finance minister whose government is presiding over inflation of 138% and a bizarre system of various official exchange rates, is facing Javier Milei. Mr Milei is a libertarian who says he wants to tear down the system, borrowing ideas from Friedrich Hayek, Milton Friedman and other free-market economists.
This article appeared in the Finance & economics section of the print edition under the headline “Daredevil economics”
Finance & economics November 11th 2023
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