Milei

A Public Choice Perspective

Nicolas Cachanosky

The Context

Explaining Milei’s rise to power

The Context

  • 2001: The Argentine Great Depression
  • What did the median voter learn from the 2001 crisis?
    • Neo-liberal reforms do not work
    • Free market policies are highly corrupt
    • Economic growth takes place at the expense of the poor
    • International organizations and financial institutinos are bad actors
    • The goverment must “do something”
  • Perfect setting the for the rise of a new left-leaning populist regime