The Tom Woods Show Ep. 2714 The Controversial Javier Milei: An Update
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Dec 4, 2025 
Skot Sheller, an economics commentator and member of the Free State Project, dives into the controversial presidency of Javier Milei in Argentina. He highlights how Milei's anti-populist message resonated with voters amid chronic inflation. Sheller discusses Milei's aggressive austerity measures and deregulation efforts, as well as his struggles with a hostile Congress. The podcast also tackles the implications of Argentina's currency crisis, potential reforms, and future economic growth, making for a captivating analysis of current Argentine politics.
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From Pundit To Pragmatic Radical
- Javier Milei moved from prominent pandemic-era pundit to president by running on radical free-market rhetoric.
- He identifies as an anarcho-capitalist personally but governs pragmatically as a minarchist to achieve reforms.
Economics And Youth Fueled Victory
- Milei won because he was the only candidate addressing Argentina's severe inflation and economic collapse.
- Youth-driven grassroots enthusiasm and anti-corruption anger propelled him past better-known opponents.
Rapid Austerity Stabilized The Budget
- Milei implemented rapid austerity: cutting public spending, ministries, and state contracts by ~30–40% quickly.
- He stopped money printing and shifted Argentina from chronic deficit to monthly surpluses in 2024.