WEF: Special address by Javier Milei, President of Argentina

Key insights:

  • 💰Free enterprise capitalism is not just the only possible system to end world poverty, but also the only morally desirable system to achieve this.
  • 📈The exponential growth of global per capita GDP starting in the 19th century challenges the stagnant economic progress throughout history.
  • 🌍Free trade capitalism is the only instrument to end hunger, poverty, and extreme poverty across the planet, with unquestionable empirical evidence of its superiority in productive terms.
  • 🌍Countries with more economic freedom and respect for property rights are 12 times richer and have 25 times lower poverty than repressed countries.

Shorter version: