WHAT HE SAID. WHY IT MATTERS 

To be clear, I'm not saying President Milei's policies are great, I'm saying economic experiments are beneficial. He was democratically elected by the people of Argentina and they will be the ones that benefit or lose from their decision. The rest of us will benefit either way from this experiment.

Experiments are good as long as you're the observer - not the test subject.

You must know the history of Argentina and Argentinian politics to understand what is happening with Javier Milei and Argentina. It's deeper than just economics

There is something important to point out about the speech . You notice that Milei said in English that INDIVIDUALS are the heroes, not businesses or government . There is a difference . He used the individual deliberately.

As an Argentine man living in California since 2001 and a big fan of your channel for years, I’m pleasantly surprised and proud that you shared this video. Thank you.

Hi Mr. Clifford, I just want to say that your ap micro/macro videos and review packet have been so helpful as I self-study for the AP Macroeconomics and AP Microeconomics tests. I also love your videos on current events and policies. Thank you!

Keep teaching us economics please 🙏 We desperately need it...!!!

Hey Mr Clifford! I'm from India, and I'm writing my ICSE public exams the coming February. Your Econ videos helped me a lot! Could you make a video on the Exceptions to the Law of Demand / supply please? (I'm referring to Veblen effect, gifffen goods, etc.)

Thank you Professor. You are great, love your content.

I think the president of Argentina is confused with free market and government’s role in free market. One cannot deny the government role in free markets. By the way, the problem of Argentina economy for decades is corruption(people not paying taxes), and other political corruption.

I subscribed long ago when I had exams and needed to study macro / micro. Just saw this on my feed. I wish you would give more insight and explained more things. I do like this type of content however.

Loved the video. I plan to show it to my students sometime.

Thank God he got up and said it. Finally someone with some common sense. My professor was trying to use the basic ECON 101 PPC to show that immigration is good...because “more people = greater production” so we should just open our boarders to everyone who wants to walk right in! wtf is wrong with colleges these days.

I really like this commentary format. You should definitely make it a thing, like Legal Eagle does for law.

Best Econ RU-vidr hands down thank you for your videos

More videos like this please!

Jacob two years ago I got a three on AP Micro and it was only possible bc of you fr fr fr i am actually not in anyway a STEM girlie and i passed!!!

These are great

I don’t think he is right, I do believe that the government must spend to enhance the economic growth

Milei is 100% correct

Definitely bring more videos like this.

Milei is a (crazy) genius. Great video!

He should be the actor instead of president

I’ll never Forget where you touched me

I would deliver notes to you in high school

Milei will slash multiple government departments: culture; environment & sustainable development; women, gender & diversity; public works; science, technology & innovation; labor, employment & social security; education; transportation; health; social development. Argentina is going to have even more starving artists, pollution, inequality & stagnation, while children, the elderly & minorities will suffer. When you cut government, only corporations and the filthy rich prosper. It won't even take a year to see how much worse all of these aspects become without regulation.

Assigning and protecting human rights is a legitimate use of government. Other than that, government is too problematic. Where externalities are an exception to how a market works, externalities are the norm for government interventions. Policies by their nature negatively impact people. If a policy did not negatively impact anyone, no policy would be required as people would already behave as the would be law prescribes willingly.

So are you gonna cover the damage that has already come about from his policies?

Let me predict what will happen in Argentina, in the short term real GDP will grow faster, people will make more money and have a higher living standard in average. In the long term wealth gap will grow bigger, problems of crony capitalism will become more and more obvious, people who used to play important roles in the previous government will run big companies and gain monopolistic market power. This is what happened in Russia and China. If your country tended to have a lot of corruptions and centralized power in the history, in my opinion it’s very important to establish checks and balances to avoid too much centralized power, this is equally important as free market capitalism.

He is Right

interesting how you are obliged to say that you don't endorse all his ideas (necessarily, you look objective and a little bit PC) but you save your face by not saying which ideas you don't like about him (probably none). Thanks for the video!!!

As a capitalist, I'd say absolutely yes you know a socialist system does not give the result people want. Let's compare the U.S with their economic systems from past years. U.S while having a small assent of government in necessities is rationally capitalist in nature while India is of a nature of mixed economy too but a greater regulatory authority. Capitalism is what if was implemented in such innovative country from the start, it would shined everywhere. Also yea I don't know why we compare countries based on their gdp when they should be compared on their GNP.

272

The world has become a silly place

How can you say he wants to try "something new" ? This guy basically wants us to go back to savage capitalism from the end of XIXth century which led to the 1929 krach.

Capitalism is a good thing for a less populated country but for a country which carries over 500 million + people it's not a good idea because jobs will be less and more people will engage themselves in small scale self employment as everyone is not rich and people will opt for loans but if the economy is not socialistic then acquiring loans will be more difficult for the max number of masses and due to capitalism corruption will increase and illegal activities like tax evasion through paper companies in tax havens will go unnoticed and the govt will simply act as a puppet + the most important thing is resources and transportation of resources, location of the countries, geopolitical relationships between the countries, the number of against your vision and their location, it's easy for USA to use capitalism because their location is suitable to reach every part of the world, they're not face to face against China, they don't have anyone to oppose them in their continent + they are directly not involved with any country when it comes to border conflicts, maybe except Russia but it's not a big deal for USA to control their military in the north western front against Russia. The degree of capitalism is way more in American for the above reasons + they have quality policy makers, other countries also have these same kind of policy makers but the level of challenge is different, it's not easy for American govt to handle the internal issues but they also get involved in other issues instead of handling their own issues, they like to get something out of each conflict going around the world. Uncertainties, population pressure,pvt organizations, the general public, trends , resources, govt, demand , employment, jobs etc. , there are so many factors involved in shaping a economy.

I know deep down you’re a bad person