velasco143_LUIS ROBAYOAFP via Getty Images_milei LUIS ROBAYO/AFP via Getty Images

We Are All Argentines

The victory of “anarcho-capitalist” Javier Milei in Argentina’s presidential election naturally captured headlines. But just as remarkable were the 11.5 million votes (44.3% of the total) obtained by the Peronist candidate, Sergio Massa, who, as finance minister, has presided over fiscal chaos and sky-high inflation.

SANTIAGO – “Why can’t we ever learn?” The exasperated question came from one of Latin America’s top policymakers, as he told a webinar audience that his country was about to make the same mistake it had made a dozen times before.

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