“The deregulation agenda in Argentina is unique, innovative, and successful. It can serve as a model for other overregulated economies to ignite entrepreneurial freedom and innovation.” Article with @PhilippBagus on the new Argentina of @JMilei researchgate.net/publication…

On aggregating factors of production: "While we may add head to head (even woman's head to man's head) and acre to acre (possibly weighted by an index of fertility) we cannot add beer barrels to blast furnaces nor trucks to yards of telephone wire." -Ludwig M. Lachmann (1956)

Meine Debatte mit Marcel Fratzscher zu Argentinien und Milei, leider etwas gekuerzt: creditreform.de/aktuelles-wi…

"I want to launch a preemptive strike against any critics who might accuse this talk of ad hominem … I've never been in favor of that. I've always been in favor of refuting the doctrine, and then going on to attack the person." -Murray Rothbard, a lecture on J.M. Keynes (1989)

El riesgo país volvió a caer y marcó un nuevo mínimo en la gestión de Milei, alcanzando los 442 puntos, su nivel más bajo en 8 años. No es casualidad, es la consecuencia de un programa económico que ha corregido en estos dos años y medio los desequilibrios que durante años destruyeron la confianza en Argentina. Mientras durante mucho tiempo el país fue sinónimo de déficit, emisión, cepo, desorden y default permanente, hoy el mercado reconoce otra realidad. La baja del riesgo país refleja una mejora en la percepción sobre la solvencia argentina, una señal concreta de que el rumbo cambió. Menos riesgo país significa más confianza, mejores condiciones de financiamiento y una Argentina que empieza a dejar atrás el descrédito al que la empujó la casta política durante años. Cuando hay orden fiscal, disciplina monetaria y señales claras, los resultados llegan.

Arjantin'de ülke riski 442 baz puana düştü. Son 8 yılın en düşük seviyesi. VIVA LA LIBERTAD CARAJO...!!!

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Another article worth reading: foreignaffairs.com/europe/en…

“Profit tells us where we can make the best contribution. By pursuing profit, we are as altruistic as we can possibly be.” — Friedrich Hayek

Leo is in general more like Benedict XVI than like Francis. As I have noted in this article and elsewhere, he has in several ways quietly pulled the Church back from some of Francis’s doctrinally problematic words and actions: edwardfeser.blogspot.com/202…

Breaking 🚨 | Child Poverty Has Dropped 25% During Presidency of Javier Milei

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A Milano, è ufficialmente nato "L’ISTITUTO JAVIER MILEI PER LA DEREGOLAMENTAZIONE". Un’associazione che porta in Italia lo spirito di Milei: diffondere le politiche vincenti del suo governo, promuovere una deregulation radicale, combattere la tassazione, ridurre lo Stato ai minimi termini e lavorare per una società veramente libera. Ricerca, formazione giovanile e battaglia culturale contro lo statalismo e la burocrazia soffocante e attività di divulgazione saranno le caratteristiche dell'associazione. Un think tank, che non chiede più Stato, ma meno Stato e più libertà individuale. Viva la libertà, carajo! Presto online il sito dell'ISTITUTO e una presentazione ufficiale.

FENÓMENO BARRIAL

108 top economists predicted 'devastation' — Argentina's Milei continues to prove them wrong foxbusiness.com/fox-news-wor…

FENÓMENO BARRIAL

VERİ ANLATIYI ÖLDÜRÜR Arjantin'de Javier Milei'nin 27 aylık görev süresinde kaydedilen ekonomik büyüme, son 20 yıldaki tüm hükümetlerden daha yüksek.

RELATO ENVIDIOSO Mises sostenía que el conocimiento en economía llevaba al liberalismo. A su vez, Hayek afirmaba que si los socialistas supieran de economía no serían socialistas. Por ende, no sorprende que un zurdo ignorante quiera robar la riqueza de los exitosos. CIAO!

Exactamente. Y hay una frase, preciosa, de Mises (cfr. Burocracia, 1944) que lo recoje muy bien: “Quien no es apto para servir a sus conciudadanos quiere dominarlos.”

JUST IN: Vatican releases Pope Leo XIV’s first encyclical, Magnifica Humanitas, on safeguarding the human person in the time of AI. vatican.va/content/leo-xiv/e… On Transhumanism and Posthumanism, Pope Leo XIV writes: “If the human being is treated as something to be perfected or surpassed, it becomes easier to accept that some lives are less useful, less desirable or less worthy. In the name of progress, ‘necessary sacrifices’ may begin to be justified, placing the burden on the most vulnerable in pursuit of a supposed optimization of the species. … For this reason, a clear distinction must be made. It is one thing to integrate technology within a human-centered, relational vision; it is quite another to be guided by an outlook that devalues human limits and promises a purely technical form of ‘salvation.’” Read the encyclical here: vatican.va/content/leo-xiv/e…

In connection with @Pontifex’s forthcoming encyclical on AI, some readers might be interested in chapter 9 of my book Immortal Souls: A Treatise on Human Nature, which sets out the deep metaphysical reasons why so-called artificial intelligence – whether on the traditional Turing machine model, or LLMs and other forms of machine learning, or whatever – is not and cannot be genuine intelligence. Available via Amazon: a.co/d/6b6QW7Q