The lesson behind Argentina’s miracle recovery — after rolling back socialism

Capitalism remains undefeated.  In 2023, over 100 leading economists from around the world, including progressive darling Thomas Piketty, signed a letter warning that “far-right” Argentine presidential candidate Javier Milei’s policies, which were “rooted in laissez-faire economics,” would cause “devastation,” spike inflation, expand poverty and worsen unemployment. Celebrated economists never penned any open letters warning that...