Naked Keynesianism

Milei is not Roca (opens in new tab)

From the 'conquest of desert' to the creation of a productive desertPablo Gerchunoff has an interesting interview in La Nación in which he suggests that Milei, like Roca (the Argentine Porfirio, for gringos that know something about Mexico), has seen a structural change in the Argentine economy and has been able to convert it into a political opportunity. In Roca’s case, the combination of railways and refrigerated shipping opened the possibility of the old agro-export model. In Milei’s case,...

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