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Argentine economistsAIER | American Institute for Economic Research
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76% Informative
Argentina 's economy grew 2.3 percent year-over-year in June , Bloomberg reported.
Julian Zelizer : President Javier Milei inherited an economic mess decades in the making.
He says Milei 's policies have been better than even many of his supporters had dared hope.
Zelizer says it's premature to say that Argentina is out of its recession.
Frédéric Bastiat explored the idea of economic growth in his famous “broken window” parable.
In the Keynesian school of economics, it’s taken as gospel that government spending fuels economic growth.
In a world in which government spending hikes are deemed “a perfect solution in battling recessions,” Milei is providing the opposite.
Critics and prognosticators were focusing on the seen: tens of thousands of lost jobs, and billions in reduced spending.
But there are countless opportunities created by reforms, which are dismantling the least productive parts of Argentina ’s economy: its bureaucracy.
Argentina 's burst in economic activity in May was a blip or the beginning of a long-term trend of economic recovery is something only time will tell.
VR Score
77
Informative language
74
Neutral language
34
Article tone
semi-formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
27
Source diversity
18
Affiliate links
no affiliate links