A global referent of "anarcho-capitalism" compared Milei's triumph with the fall of the Berlin Wall and communism

The academic Jesús Huerta de Soto, an economist representing the Austrian school, sent him a message welcomed by the president-elect and the leaders of this school of thought.


Jesús Huerta de Soto

One of the global referents of anarcho-capitalism congratulated Javier Milei and compared the importance of his victory with the fall of the Berlin Wall that led to the collapse of communism.

He is the academic Jesús Huerta de Soto, a Spanish economist, lawyer and writer, representative of the Austrian school and professor of Political Economy at the Universidad Rey Juan Carlos and intellectual master of Milei.


Jesús Huerta de Soto and Javier Milei

It is one of the icons of this economic school and was reproduced by the president-elect of Argentina and by numerous exponents of liberalism in the country.

"Dear Javier, in our own name and in the name of the rest of the Spanish libertarians and anarcho-capitalists, we want to convey to you our most enthusiastic congratulations," said Huerta de Soto.

"Today is a historic day for freedom only comparable to the fall of the Berlin Wall and communism that we celebrate precisely tomorrow. For the first time in history an anarcho-capitalist wins the presidency of a country as important as Argentina," said the 66-year-old academic.

"This shows that in the end, the idea of freedom versus statism of the left or the right ends up prevailing. Mises, Hayek, Rothbard and the great thinkers and theorists of freedom planted the ideas that you have had the enormous merit of making attractive to the broadest layers of the population," said the Spanish professor.

Especially, he stressed, "for the most vulnerable, who are always the main victims of the manipulations of socialists and interventionists of all stripes. Long live freedom, dammit!

With this same phrase, his usual slogan, Milei quoted Soto's text, who, among other issues, explained that "whenever a maximum price is established, with the coercive power of the State, below that which would be set by the market, the phenomenon of scarcity arises".


Carl Menger

The Austrian School of economics emerged with the Austrian Carl Menger, born in 1840 and who contributed with the Marginalist Theory, which rejected the idea of production cost value of Adam Smith and David Ricardo, among other classics.

Among his followers were Eugen von Böhm-Bawerk and Friedrich von Wieser, who formed the second generation of the Austrian School of Economics.

For his part, Soto formed the "Master's Degree in Economics of the Austrian School" in Madrid, which is currently celebrating Milei's triumph.

Influence in Argentina

As Adrián Ravier explained, "in Argentina, the ideas of the Austrian tradition only penetrated in the 1940s, probably as a response to the abandonment of the liberal ideas present in the constitutional foundations of Juan Bautista Alberdi, and to the embrace of interventionism and growing protectionism in the previous decade".


The fall of the wall in November 1989

"Starting in 1942 in a classroom of the Faculty of Economic Sciences of the University of Buenos Aires, Carlos Luzzetti (who completed his studies at Oxford), William Chapman (who later became Dean of the aforementioned house of studies), Alberto Benegas Lynch (member of the National Academy of Economic Sciences) and José Santos Gollán (h) (later Dean of the Faculty of Philosophy and Letters of the UBA) met every two weeks to study the book by Gottfried Haberler: Prosperity and Depression, originally published in English in 1937, he detailed.

"Haberler, associated today with the University of Chicago, had participated as an assistant in Mises' private seminar in Vienna, and had written this book to study the various existing theories on economic cycles. The book cites Böhm Bawerk, Mises, Hayek, Lionel Robbins and Fritz Machlup, among other leading authors in the tradition."

"Interested in delving deeper into these ideas, Alberto Benegas Lynch contacted the Foundation for Economic Education (FEE) and made contact with its president, Leonard Read, who in turn made his visit to New York possible, which opened a channel for dialogue and meetings with Mises and Hayek," he said. Now, the representatives of this school of thought had the unexpected moment to celebrate President Milei.

This article was originally published in Spanish in Infobae.

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