From crisis to surplus: Argentina’s free-market shock therapy explained | Adam Creighton

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What happens when a country that has been in crisis for 100 years finally embraces radical free-market reform?

In this exclusive interview from Buenos Aires, Adam Creighton sits down with Argentina’s Economy Minister Luis Caputo – the man implementing Javier Milei’s small-government revolution. Caputo explains how Argentina slashed its fiscal deficit in a month, returned to surplus, pulled millions out of poverty, and drove inflation towards single digits – all while defying Keynesian predictions of recession.

They discuss:

  • Why Milei’s government is different from past reform attempts
  • How a 30% budget cut didn’t cause the predicted depression
  • The plan to bring Argentine inflation down to international levels
  • The new foreign investment regime and massive mining opportunities
  • Labour and tax reform, flat taxes, and Argentina’s path to becoming a “serious country”.

If you are interested in free markets, inflation, or global economic reform, this conversation is unmissable.

You can view all other relevant interviews and articles here: https://ipa.org.au/ipa-argentina

This discussion is a production of the Institute of Public Affairs.

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Adam Creighton

Adam Creighton is a Senior Fellow and Chief Economist at the Institute of Public Affairs
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