Argentina

  Last December, when Milei became President of Argentina, his Minister of Economics, Luis Caputo, implemented a transitory plan to (a) clean up the central bank’s balance sheet and (b) remove all capital controls (cepo cambiario), paving the way for a more permanent monetary regime. It was implicitly suggested that by mid-2024, the transitory plan […]

Martín Krause, Professor of Economics at and advisor to Javier Milei, talks about the current state of affairs in his country and describes the character of Argentinas newly elected liberal president.

During the 18. Gottfried von Haberler Conference Martin Krause described the current situation and the steps the new government is taking, and how education has already changed the Argentine society in one sense, and it is expected now to change the educational system towards a more open and decentralized system. Enjoy watching.

  With dollarization discarded in the short run, the world is eagerly watching Milei’s initial steps as the new president of Argentina. Milei took office in December with a yearly inflation rate of 211 percent (yes, you read that right). Despite the lack of robust monetary reform, Milei’s government managed to reduce the inflation rate […]

Despite swiftly balancing the budget and lowering the inflation rate two months in a row, concerns continue to grow around Milei’s economic plan. Why are new positive economic results faced with increasing uncertainty? Inflation and the “Plan Platita” Let’s start with inflation. During the presidential campaign, Sergio Massa, the kirchnerista presidential candidate, and Minister of […]