The Astonishing Political Rise of Javier Milei in Argentina

by | Dec 20, 2023 | South America

The astonishing rise to power of Javier Milei, a staunch advocate of free markets and sound money, who on December 6 was overwhelmingly elected as Argentina’s new President by a popular margin of 55.5%.

Argentinians Maria Marty, the CEO of the AynRand Centre LATAM, and her brother Eduardo Marty, an accomplished professor of economics who has worked and taught all over Latin America discus the astonishing rise to power of Javier Milei, a staunch advocate of free markets and sound money, who on December 6 was overwhelmingly elected as Argentina’s new President by a popular margin of 55.5%. This development has stunned analysts and pundits, including my two friends, Maria and Eduardo. You might be surprised to learn who may have propelled Milei’s conversion from a mainstream economist to a champion of free markets.

Jim Brown writes for Substack as HardmoneyJim. He holds a B.S. degree from the U.S. Air Force Academy, an MBA from Harvard Business School, and is a Chartered Financial Analyst with over 35 years as a securities analyst and portfolio manager. He currently serves on the Board of Directors for the Ayn Rand Institute and Monetary Metals & Co. Twitter: @hardmoneyjim.

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Argentina’s Javier Milei and the Separation of Money and State

Argentina’s Javier Milei and the Separation of Money and State

Milei is not actually a fan of dollars, precisely because the US currency is also managed by the politicized discretion of a central bank. His goal seems to be a change in the very economic constitution of Argentina, forcing a permanent separation of money and state.

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