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Who is Jesus Huerta de Soto, the Spanish economist who admires Javier Milei

Javier Milei quoted Huerta de Soto in his speech as Asunción on December 10, 2023.

Jesús Huerta de Soto He is a economist and a reference of the Austrian Economics . This , after having debated live with Javier Milei an interview with Antonio Laje, he will receive a Premium of honor in the Higher School of Economics and Business Administration (ESAAD)in CABA. The recognition will be delivered by the president, who expressed multiple occasions his admiration for the academic. The event is scheduled for 19, and will include a speech by the president.

This morning, both gave a television interview. “I have to say that we are attending, worldwide, a revolution starring Javier Milei”Said the Spanish in dialogue with Antonio Laje.

Immediately, the Argentine president said: “And inspired by the Soto garden y Alberto Benegas Lynch”.

“I have been teaching the ideas of in the Academy. Then, the phenomenon that the now has is Argentina and Javier Milei, because he has been able to articulate the theoretical ideas of freedom very well, tell the truth to the citizens, who choose him, and then carry out an adjustment that in normal circumstances would have been considered . Argentina was so bad I know, there is a hypertrophied , there are tremendous problems.

The president with the Spanish economist in Olivos

In the midst of a debate that passed over local economy, Milei stressed: “We, yesterday, we turned 500 days of management. In the Cabinet chat there are several that we are fans of Sabina. Then, at one , Luis Petri, he said, paraphrasing the song” 19 days and 500 nights “: he put four deregulations per for 500 days. We made 2,000 reforms already, that is, we are the most reformist in history“.

Jesús Huerta de Sotoborn in in 1956, he is a Doctor of Law and Sciences, in addition to having four doctorates. His academic includes numerous essays and the thesis entitled Socialism, economic calculation and business function. His books were translated into 17 languages, including Hindi, Arabic and Korean, reflecting their global influence.

Since 2000, Huerta de Soto is a professor in the Rey Juan Carlos where he directs a specialized master’s degree in the Austrian Economics Schoolan ultraliberal current that defends that economic decisions must be taken by individuals and not by the State or any authority.

The Argentine President, Javier MileiHe cited Huerta de Soto several times as one of his main intellectual influences. During his presidential assumption speech on December 10, 2023, Milei mentioned the Spanish economist by stating: “As the great Jesus Huerta de Soto says, plans against poverty generate more poverty, the only way to get out of poverty is more freedom”. This statement underlines the ideological affinity between the two, based on the principles of the Austrian school.

Consequently, the economist replied: “I greatly thank President Milei who has summoned me in his investiture speech. But although, as Mises said, in the long run it is the right ideas that move the world, President Milei has the immense merit of having managed to transmit them to the people in an attractive and convincing way and to present them in the 21st century as the only possible alternative based on truth and morality. Long live President Javier Milei! Long live Argentina and the Argentine people! Long live the fucking freedom! ”

Jesús Huerta de Soto directs a specialized master’s degree in the Austrian School of Economics.

The link between Milei and Huerta de Soto dates back to the years 2009-2010, the then Argentine economist He began to listen to recordings of the taught by the Spanish academic. These recordings, made by the Fernando Díaz Villanueva, were uploaded to the Internet and corresponded to the university course of introduction to the economy. In these lessons, Soto Huerta explained how function as a mechanism to transmit information and coordinate economic activity, highlighting the impossibility of socialism due to the absence of private property and functional prices. Milei said on several occasions that these ideas led him to become a follower of the Spanish economist.

The influence of Soto Huerta in Milei’s thought is not limited to economic ideas. According to the Coral Book The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume II: Philosophy and EconomyThe president highlighted how the teachings of the Spanish economist helped him understand the foundations of economic freedom and the unfeasibility of socialism. “They were recordings of a lesson in which the professor discussed how prices can be used as a mechanism to transmit information, for coordination and economic adjustment, which in turn evidenced how socialism is inapplicable, since, in the absence of private property, prices cannot be applied, which leads to total chaos. Immediately, I became his follower”, Explained the current Argentine president in the book.

Among the demonstrations of admiration for the economist by Milei There is a publication on the social networks of the leader of the Executive Power, where he shared in his social networks the dedication that the professor wrote to the president in his book Statism and the Economy: The Deadliest Virus. “For President Javier Milei, leader of freedom and for the world, with all my affection and consideration. In front of the most lethal virus of statism that infects the soul, Long live the fucking freedom! ”The message said.

The message of Huerta de Soto shared by Milei a month after his presidential assumption.

The event in the Episode It occurs in a particular context, after the of Pope Francis. The President suspended part of his agenda to attend the pontiff’s in Rome, which he will start after participating in the tribute to Huerta de Soto.

The tribute in the Eseade not only recognizes the academic trajectory of Huerta de Soto, but also highlights the connection between the ideas of the Austrian school and the economic policies promoted by the Government of Milei. This brand brand a significant moment in the relationship between bothconsolidating the figure of Huerta de Soto as a key reference in the political and economic landscape of Argentina. With this recognition, the Spanish economist adds a new chapter to his outstanding career, which influences political leaders such as Milei.

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