The lesson behind Argentina’s miracle recovery — after rolling back socialism
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Capitalism remains undefeated. In 2023, over 100 leading economists from around the world, including progressive darling Thomas Piketty, signed a letter warning that “far-right” Argentine presidential candidate Javier Milei’s policies, which were “rooted in laissez-faire economics,” would cause “devastation,” spike inflation, expand poverty and worsen unemployment. Celebrated economists never penned any open letters warning that the preceding Peronists’ or Kirchnerists’ perverse blend of
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