Octavio Bermudez



Articles by Octavio Bermudez

Javier Milei vs. the Status Quo

Javier Milei’s administration is generating much deserved commentary, both positive and negative. Critical discussion is vital since he is the first libertarian president, so keeping a distance between libertarianism itself and his government actions is a must if libertarians don’t want to fall with him should his government plans fail.

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Human Action on Its 75th Anniversary Helps Us Understand How Statism Has Decimated Argentina

The seventy-fifth anniversary of Ludwig von Mises’s Human Action invites us to ponder on Mises’s scholarly achievements and how the economic mainstream has not yet caught up to his advances in economics. Like Jesus Huerta de Soto points out in his preliminary study to the Spanish version of the thirteenth edition of Human Action: few are the treatises on the side of the mainstream that even try to match what Mises does in Human Action.

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How Statism Destroyed Argentina

The seventy-fifth anniversary of Ludwig von Mises’s Human Action invites us to ponder on Mises’s scholarly achievements and how the economic mainstream has not yet caught up to his advances in economics. Like Jesus Huerta de Soto points out in his preliminary study to the Spanish version of the thirteenth edition of Human Action: few are the treatises on the side of the mainstream that even try to match what Mises does in Human Action.Mises’s work is not only monumental but pivotal; Austrian economists post–Human Action would define themselves in terms of how they interpret Mises’s magnum opus. Regarding the mainstream and Human Action, much has been and can be said, but the key is that the great tragedy of the mainstream is that what is valuable about them is borrowed from Mises and the

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Milei’s First One Hundred Days: An Assessment

Javier Milei, presiding over Argentina, the first libertarian president in history – self-proclaimed anarcho-capitalist- has warranted worldwide attention and cast light over libertarianism around the globe. Libertarianism has become more widespread since he entered the political scene. This comes with a definitely positive side and a more dangerous one. The positive side is obviously that libertarianism is more popular than before.The dangerous side is that Milei as a person and his actions have become synonymous with libertarianism to people outside the movement. It is important that libertarians keep a close eye on his government and engage in critical discussion to maintain the thin line between libertarianism itself and the apparent leaders of the movement. Thus, a regular assessment

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Reflections on the Libertarian Role in Society

As the recent election of Javier Milei in Argentina shows us, there still is a place in the political world for libertarian thinking. Liberty is a goal still worth pursuing.
Original Article: Reflections on the Libertarian Role in Society

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Reflections on the Libertarian Role in Society

With the advent of language artificial intelligence like ChatGPT that are trained on online information, one can find backing for a hypothesis regarding society. General political thought is leftist leaning since the political answers given by the app are left oriented. The victory of self-proclaimed anarchocapitalist Javier Milei in the presidential elections of Argentina seems to be showing a pushback against the progressives, but the same is not happening in the rest of the world—the fire of liberty is still weak.
The global trend of political thought and the libertarian counterrevolution in Argentina invite us to ponder what role learned libertarians should take. The purpose of this article is not to argue in favor of one or another strategy for liberty but to point out a necessary

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The Argentinian Zombie Currency

Argentina is one of the world’s poster children for hyperinflation. Unfortunately, monetary reforms aren’t working because the authorities are not serious about having a sound currency.

Original Article: "The Argentinian Zombie Currency"

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The Argentinian Zombie Currency

Argentina makes press headlines worldwide and tops the inflation world rankings. People are becoming desperate—living in Argentina is extremely tough—and people are beginning to immigrate to foreign countries. The Argentinian peso is, to the world and the Argentinian citizens, a relentless zombie, rejected by the people but supported by the government, which is desperate to snatch whatever money people have left in their pockets.
To develop this further, we must go first through the history of the Argentinian monetary system to better understand the current situation. Then we will move to examine this living-dead currency and analyze proposals to return to a prosperous and free society.
A Brief Summary of the Monetary History of Argentina
The earliest local government in the country that

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