
Ones and Tooze
Argentina's New Leader
Dec 8, 2023
Argentina's new president, Javier Malay, a far-right libertarian and economist who plans to slash spending and close the country's central bank, is discussed in this podcast. His views, proposed reforms, and potential impact on the country are explored. The podcast also delves into the possibility of Argentina adopting dollarization to address its inflation crisis and the unique challenges Argentina faces as a large country.
24:54
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Quick takeaways
- Javier Milei, the newly elected president of Argentina, is a far-right libertarian with unconventional ideas and a unique political persona.
- Milei's plan to combat inflation involves dollarizing Argentina's currency by pegging it directly to the US dollar, which could provide stability but also poses risks of monetary dependence on the US.
Deep dives
Javier Malay's Libertarianism and Unusual Political Persona
Javier Malay, the newly elected president of Argentina, is often described as a libertarian with some unconventional ideas and a unique political persona. He has referred to himself as an anarcho-capitalist and has been influenced by American libertarian Murray Rotbard. Malay blends libertarian economics with reactionary social policies and a conservative approach to historical remembrance. He is known for his eccentricities, such as owning five giant cloned mastiff dogs named after significant conservative economists. While his libertarian ideology runs deep, there are concerns about his stance on Argentina's political past and his commitment to democracy.
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