Very recommendable! What havoc decades of socialism and dictatorship have wrecked!
Don't cry for Argentina! Make Argentina great again!
"Argentine President Javier Milei delivered an impeccably libertarian address to the country this week, announcing major deregulation and what is surely the largest such reform package in the history of his country. Specifically, he issued a decree that repeals or reforms 300 laws that, according to Milei, will begin reversing “decades of failure, impoverishment, decadence, and anomie.” ...
Milei is right to highlight the demise and importance of freedom. Over the past twenty years of mostly Peronist rule, Argentina’s loss of freedom has been notable. Its ranking in the new Human Freedom Index fell from 41 in the year 2000 to 77 out of 165 countries. But the spectacular decline in Argentina’s economic freedom—based on the security of private property, voluntary exchange, and the freedom to choose and to compete—greatly reduced its overall freedom. It ranked in 40th place in economic freedom in 2000 and is at an astounding 158th place now.
The index shows that Argentina has one of the most closed economies to trade in the world (163rd place) and has among the worst monetary policies (161st place). Argentina also has one of the most regulated economies in the world. The weight of the regulatory state there has increased over time, making Argentina’s ranking fall from 84th place in 2000 to 143rd place now. ...
Also noteworthy is that, according to one analysis, 138 of the 300 regulations Milei is repealing or reforming originated under the military dictatorships of the 1960s through the early 1980s. If we include Peronist President Cristina Kirchner’s term (2007–15), more than half of the regulations being overturned originated in military or populist‐authoritarian governments ..."
Argentina Is One of the Most Regulated Countries in the World | Cato at Liberty Blog
