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Is Milei perfect? No. No one who puts his pants on one leg at a time can attain such a status. But he is far and away the best thing that has happened to the movement for liberty and economic freedom in a long, long time. All libertarians should tip their hats to him and wish him God speed. No, correction: the entire world should do so.

By Walter E Block

The president of his country, Javier Milei, is the last best hope for Argentina, and not only in terms of its economics, which promises to be profound. He also introduces for the first time in a long time a sense of ethics and propriety to that neck of the woods. Totalitarianism and socialism are simply morally wrong, not merely only non-efficacious, ineffective, uneconomical. In addition he constitutes a healthy shot in the arm for the psychological well-being of the citizens of this nation. He demonstrates, over and over again, the personal mental benefits of freedom, justice and private property rights. In so doing, he improves their well-being in many other dimensions as well, and immeasurably so.

But the benefits of his efforts will not be limited, by any means, to Argentina alone. And not only to all of Central and South America either. The entire world will be his oyster. If he can rescue Argentina with free enterprise, and so far he is on a direct path to do so, the entire world will be more likely to accept laissez faire capitalism than ever before.

One would think that with so much at stake, all advocates of libertarianism would salute him, would thank him, would congratulate him, would support him, would organize ticker-tape parades in his honor.

If you thought that, you are due for a rude awakening. Hans-Hermann Hoppe, a leading libertarian, instead, cocks a snook at this miracle worker. (I use that phrase advisedly. What else can we call it; imagine, radical free enterprise emanating from the very top of the political system!). Hoppe gives Milei the back of his hand. He criticizes him for doing too little, too late. Why, the president of Argentina has been in power for serval months now, and this nation has still has not yet reached the Galt’s Gulch level of free market capitalism of Ayn Rand’s “Atlas Shrugged” opines Hoppe, in effect.

This world class Austrian economist and libertarian theoretician simply does not understand how difficult it is to turn around a country mired in inflation, socialism, fascism, egalitarianism, wokeism, interventionism, regulationism, price controls.

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