Argentina’s Javier Milei:

Approval Rating Drops

Interest Rates Tumble

Sluggish Economy

Labor Reform Bill

Milton Friedman’s Last Chicago Boy Has Warning for Javier Milei

Javier Milei holds a chainsaw during a rally in Buenos Aires in 2023. — Javier Milei holds a chainsaw during a rally in Buenos Aires in 2023.Photographer: Tomas Cuesta/Getty Images

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By Philip Sanders and Patricia Garip

November 1, 2025 at 2:00 PM UTC

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Javier Milei strode onto the stage in Santiago, flung up his arms and gave a bow to an economist with a front-row seat: Rolf Lüders, one of the last of the original Chicago Boys.