In Latin America, the Austrian-American laissez-faire proponent Ludwig von Mises, who died in 1973, is having something of a moment.
Brazilian UFC fighter Renato Moicano had just rallied back from an early-round beating to win a lightweight bout this month when he grabbed a mic to shout out his favorite economist. “I love private property and let me tell you something, if you care about your country, read Ludwig von Mises and the six lessons of the Austrian economic school,” Moicano, his cheekbone bloodied, roared, along with a pair of profanities.
From Mises to Milei Today, many experts believe the Austrian school may have no greater sway than in Buenos Aires, where President Javier Milei, himself a libertarian economist, retweeted a viral clip of Moicano’s rant. After reading Mises for the first time, Milei felt “superlative conceptual clarity,” he recalled in a 2017 interview. “Milei considers Mises to be among the greatest economists in history,” said Daniel Raisbeck, a policy analyst at the libertarian Cato Institute.
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