International Man: Javier Milei, the world's first anarcho-capitalist head of State, is nearing the halfway point of his first term.

What's your assessment so far?

Doug Casey: His election was something of world historic importance. Never before has anybody been elected on a platform of abolishing the State and turning the country into a capitalist haven. He proved that when things become corrupt enough, a majority of voters can, against all odds, willingly break their own rice bowls. And do it without violence.

He's fired 50,000 employees, abolished numerous departments, radically cut red tape, and the Argentine government no longer runs a deficit. Almost equally as important, he's keeping the country on course with lots of media explaining economics. Maybe rationality will win out over envy—stranger things have happened.

Milei is doing great. But some questionable things have slipped into the mix. When he was elected, one of his central propositions was abolishing the Central Bank. That hasn't happened so far. In fact, he's no longer talking about eliminating the evil institution.