Javier Milei

  Javier Lanari, Milei’s Media Sub-Secretary, claimed that Argentina’s annual inflation dropped from 17.0% to 8% in record time. This statement has been heavily promoted by Milei’s administration, likely for political reasons—face-value numbers are easy to market as a success. However, I question the use of these figures, as well as Lanari’s enthusiastic yet premature assertion that […]

  In a significant legislative move, Argentine President Javier Milei has successfully passed his omnibus law, known as “Ley Bases.” This marks a crucial milestone in his administration as he transitions into the second phase of his government. Central to this phase is a new monetary regime, which was a major promise of his presidential […]

  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.

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 […]