Niall Ferguson's Time Machine

Niall Ferguson's Time Machine

Niall Ferguson Talks to Javier Milei

At the Casa Rosada in Buenos Aires, Argentina’s president explains his radical plan to make Argentina "the world’s freest country."

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Niall Ferguson
Aug 11, 2025
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The prerequisite for an economic miracle is an economic disaster. As I wrote in these pages late last month, Argentine president Javier Milei inherited just such a disaster from his Peronist predecessor in December 2023: a currency on the brink of hyperinflation, a contracting economy, a government reliant on the International Monetary Fund.

What he has …

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