4.9 • 720 Ratings
🗓️ 3 March 2024
⏱️ 13 minutes
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0:00.0 | Well, he didn't bring the chainsaw, but he really ripped it up at CPAC with a lecture. |
0:07.0 | I'm Scott Ott with Bill Whittle and Stephen Green. This episode of Right Angle is brought to you by the members at Bill Whittle.com. |
0:13.0 | And gentlemen, at the Conservative Political Action Committee's annual meeting, the rock star this time around. |
0:20.0 | Of course, you know, everybody lives in the shadow of Donald Trump, |
0:22.4 | which it's basically a pep rally for him these days. But the rock star was a guy who gave an |
0:29.2 | economics lecture. Javier Malay, the new president of Argentina, shows up at CPAC and gives an |
0:36.1 | economics lecture, Steve, in Spanish, that had to be |
0:40.3 | translated, you know, phrase by phrase, line by line to the audience there. And I listen to the |
0:48.7 | whole thing, and I swear all he did was give an economics lecture. And he explained how economics works, why collectivism doesn't, why free markets are good, |
1:00.5 | what are the essential necessity of property rights. |
1:05.1 | And he even got into an analysis of the critique from the left about the fact that free markets, you know, foster the |
1:14.7 | creation of monopolies and monopolies are inherently bad. And Steve, Javier Malay, made the |
1:20.5 | argument that, no, monopolies aren't inherently bad. Anybody who says that is only looking at that |
1:26.9 | small sector of the market. They're not looking at the |
1:29.7 | economy in general when you see the impact of, let's say, a company that gets monopoly status |
1:35.3 | and runs other companies out of business. They're not taking the long-term view, and they're |
1:39.5 | not taking a broad view across the economy. In any case, I'm not here to recapitulate the lecture, |
1:47.5 | but I thought it was interesting that President Malay gets the chance to make this speech |
1:53.4 | at CPAC during the week when it was announced that the government of Argentina for the first |
1:58.8 | time in about 12 years ran a monthly surplus, |
2:03.6 | this time $597 million. |
2:08.1 | Steve, it's going to take a while, and there's still, you know, poverty is still going up. |
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