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Flat White

Applying Javier Milei’s ideas to banking regulation in Australia

31 January 2024

2:30 AM

31 January 2024

2:30 AM

There is a series of sentences in Javier Milei’s speech at the World Economic Forum in Davos, Switzerland, which are truly radical. It was these:

…not even supposed libertarian economists understand what the market is… it’s impossible for there to be something along the lines of market failures.

…the market is a mechanism for social cooperation, where you voluntarily exchange ownership rights.

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