[Socialism, Economic Calculation, and Entrepreneurship by Jesús Huerta de Soto (Edward Elgar, 2010; ix + 310 pp.)]

“Milei’s approval rating fell ... to the lowest level since he took office as corruption allegations ensnared his government, unemployment climbed...”

After leaving the 2026 Austrian Economics Research Conference—having presented a forthcoming paper on the concept of interventionist non-intervention with

I want to dispel the claim in the minds of the establishment media that depicts free market Austrian economists as heartless advocates against the poor and shills for the rich.

Americans should know the “color revolution” drill by heart now. We are told that Ruritania is run by a terrible fanatic who is cruelly oppressing his people, is on the verge of acquiring weapons of mass destruction, is collaborating with our diabolical arch-enemy, and is sponsoring global terrorism. Unless the Pentagon spends billions and expends thousands of tons of deadly ordnance to get rid of the terrible Ruritanian madman, the entire region will go up in flames and millions of Americans will be slaughtered.

[Originally published by the New York Sun.]