The Reason Roundtable Javier Milei's Libertarian Policies Win Shock Election
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Oct 27, 2025 Liz Wolfe, associate editor and writer for Reason Roundup, dives into the recent election victory of Argentine President Javier Milei and his bold libertarian reforms. She discusses how Milei’s strong support persists despite economic challenges and the lessons his policies offer to other nations grappling with inflation. The conversation also touches on Trump’s escalating trade war with Canada, potential U.S. actions in Venezuela, and the rise of socialist Zohran Mamdani in New York—highlighting significant political implications across the globe.
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Milei's Victory Validates Shock Reforms
- Javier Milei's party won a major legislative victory by selling fiscal austerity and spending cuts as credible reform.
- The win shows voters rewarded visible results like lower inflation and a balanced budget after painful reforms.
Foreign Aid Won't Replace Structural Fixes
- The $20 billion currency-swap support from the U.S. doesn't justify blanket bailouts according to the panel.
- Nick Gillespie applauds results but still favors strict market fixes like dollarization over emergency rescues.
Results Make Radical Reform Politically Viable
- Political durability matters more than the specific policies: showing results can sustain harsh reforms.
- Milei's example suggests bold, clear reform narratives can survive early electoral tests if they deliver outcomes.
