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South America

Javier Milei's speech. At 9 p.m., the first results were released, with Peronism winning by 13 points over La Libertad Avanza, the party of Javier Milei. | Daniella Fernandez Realin/ZUMA Press Wire

Argentina

Milei Coalition's Loss in Buenos Aires Calls Argentine Libertarian Movement's Strength Into Question

Argentina's left-populist movement held first place and widened its lead compared to the 2023 elections by two percentage points.

César Báez | 9.9.2025 4:00 PM

People buying and selling vegetables at a market in Guatemala is seen from above | robertharding/Alamy

Capitalism

The Nearly Free Markets of Guatemala

Guatemalans don't wait for the government's permission. They build their own markets through voluntary exchange.

Katarina Hall | 9.1.2025 6:30 AM

Javier Milei | Photo: Javier Milei at Casa Rosada; Xinhua/Alamy

Travel

A Libertarian Travel Guide to Javier Milei's Argentina

Downtown Buenos Aires is a living testimony to the country's history of freedom and prosperity.

Marcos Falcone | 7.10.2025 6:00 AM

An orange and white crossword puzzle blank with the word Crossword in orange and the Reason logo | Lex Villena / Reason

Crossword

Novel Ideas: Puzzle #102

"Place to get free spirits"

Stella Zawistowski | 7.4.2025 8:00 AM

Mario Vargas Llosa | Atilano Garcia/ZUMAPRESS/Newscom

Literature

The Liberal Legacy of Mario Vargas Llosa

The Peruvian novelist, who passed away this Sunday, was a lifelong defender of freedom in all its forms.

Christian Britschgi | 4.18.2025 3:20 PM

dreamstime_l_232994234 | ID 232994234 © PX_Media | Dreamstime.com

Ecuador

Ecuador's Second Presidential Election of 2025

Incumbent Daniel Noboa and challenger Luisa González have different economic visions, but both support militaristic crime policies.

Rossana Pineyro | 3.10.2025 3:35 PM

Marijuana cultivation | Anna Komisarenko | Dreamstime.com

Marijuana

Argentina To Revoke All Medical Marijuana Cultivation Permits

As part of a broader policy shift, the government plans to "start from scratch" regarding the permits.

Katarina Hall | 2.14.2025 1:31 PM

Javier Milei | Illustration: Joanna Andreasson; Source images: iStock, courtesy of the spokesperson unit of the president of Israel

Rent control

Javier Milei Ended Rent Control. Now the Argentine Real Estate Market Is Coming Back to Life.

"The effects were immediately seen by everyone and they were all beneficial," says the former vice president of Argentina's central bank.

Ryan Bourne and Marcos Falcone | 2.8.2025 7:00 AM

topicsimmigration | Photo: Naeblys/iStock

Immigration

Biden Strengthened the Refugee Resettlement System. Will Trump Undo It?

Refugee resettlements last year hit a 30-year high, but that progress is fragile.

Fiona Harrigan | 1.5.2025 6:00 AM

Javier Milei in front of a crowd of protesters and the Argentine peso with the Reason logo in the upper left corner and the word 'documentary' in the lower left corner | Illustration by Lex Villena  Photo Credits: Cristina Sille/dpa/picture-alliance/Newscom, Cristobal Basaure Araya / SOPA Images/Sipa USA/Newscom

Libertarianism

Javier Milei: Madman? Or Savior?

Reason visited Argentina to find out if Javier Milei's reforms are working. 

Zach Weissmueller | 12.5.2024 2:30 PM

Argentine President Javier Milei | ID 324176305 © Tennesseewitney | Dreamstime.com

Argentina

Milei Shuts Down Argentina's Tax Agency

AFIP is an "unnecessary bureaucracy" that stifles economic freedom, says Milei's government. 

Katarina Hall | 10.22.2024 9:50 AM

Protests against the results of the 2024 Venezuelan election | Vuk Valcic/ZUMAPRESS/Newscom

Venezuela

Venezuela's Post-Election Crackdown Was Filled With Human Rights Abuses

The U.N. has documented killings, forced disappearances, and torture.

Katarina Hall | 10.16.2024 2:35 PM

6-feature-border | Photo: Danny Lehman/Getty

Immigration

How Did Immigration Politics Get So Toxic?

Changing migration patterns, outdated policy tools, and growing presidential power made it inevitable.

Fiona Harrigan | 10.12.2024 6:00 AM

Protests in Venezuela against Nicolas Maduro |  Carlos Santiago/ZUMAPRESS/Newscom

Venezuela

Cornered Maduro Moves To Jail His Opponent

The arrest warrant against Edmundo González, the recognized winner of the contested Venezuelan election, only fuels the opposition's resolve against the regime.

Katarina Hall | 9.3.2024 3:00 PM

Javier Milei | Abaca Press/Lafargue Raphael/Abaca/Sipa USA/Newscom

Javier Milei

Will Milei's AI Policing Plan Become a Tool for Social Control?

Argentina's self-proclaimed libertarian president touts a crime-fighting plan that sounds like Minority Report.

Katarina Hall | 8.7.2024 7:30 AM

Hugo Chávez and Nicólas Maduro | Venezuelan Government Photo

Socialism

How Chávez's Socialist Revolution Created the Venezuelan Dictator Nicólas Maduro

Under collectivism, "a man must be prepared to break every moral rule," F.A. Hayek observed in 1944.

Jim Epstein | 8.6.2024 4:04 PM

Nicolas Maduro | Jeampier Arguinzones/dpa/picture-alliance/Newscom

Socialism

Maduro Is Bad for Venezuela and Bad for the U.S.

His rule threatens U.S. interests by stifling market opportunities, fueling illegal immigration, and elevating regional security risks.

Jorge Jraissati | 8.3.2024 8:00 AM

Maduro protests | Jimmy Villalta / VWPics/Newscom

Media Criticism

The New York Times Thinks 'Brutal Capitalism,' Not Socialism, Ruined Venezuela

Fact check: Venezuelan President Nicolás Maduro is the leader of the Socialist Party.

Robby Soave | 8.1.2024 12:00 PM

Nicolas Maduro | JUAN BARRETO / GDA Photo Service/Newscom

Venezuela

Did Nicolás Maduro Just Steal Another Election?

And if the results are proven false, will Venezuela finally move away from authoritarian rule?

Katarina Hall | 7.29.2024 1:22 PM

Dollars | Photo 36655036 © Teodor Andrei Bahnean | Dreamstime.com

Javier Milei

Milei Sets Aside Dollarization Plan Due to Politics

In a recent interview, the Argentine president said he would have ended up in prison if he dollarized the economy.

Katarina Hall | 4.9.2024 2:49 PM

Javier Milei | Esteban Osorio/Sipa USA/Newscom

Argentina

Milei To Slash 70,000 Government Jobs To Reform Argentina's Economy

The cuts are part of the president's broader strategy to achieve fiscal balance at any cost.

Katarina Hall | 3.28.2024 2:08 PM

Chigüire Bipolar | Chigüire Bipolar

Venezuela

Who Best Chronicles the Absurd Reality of Venezuelan Politics? A Giant Manic-Depressive Rodent

Diosdado Cabello, Nicolás Maduro's right-hand man, is threatening retribution against the satirical website.

César Báez | 3.19.2024 3:25 PM

Javier Milei | Santiago Oroz / SOPA Images/Sipa USA/Newscom

Javier Milei

Milei Gave Himself a Huge Pay Raise, Then Took It Back

The president who vowed to cut government spending rescinds the 48 percent pay raise he gave himself.

Katarina Hall | 3.14.2024 3:30 PM

Javier Milei | Riccardo De Luca / Avalon/Newscom

Javier Milei

Milei Closes State News Agency Télam for 'Spreading Propaganda'

"It is immoral that in a poor country like ours," the Argentine president said, "the government spends the people's money to buy the will of journalists."

Katarina Hall | 3.4.2024 4:15 PM

Falkland Islands on a map against a black background with colorful boxes against it | Lex Villena

Argentina

Milei Wants Argentina To Take Back the Falkland Islands

The government says it's about sovereignty. It might be about oil, too.

Katarina Hall | 1.11.2024 2:30 PM

A portion of an infographic showing percentages of foreign-born residents of Florida cities | Erin Davis

Florida

Infographic: Floridians From Overseas

Nearly half of Miami's population was born outside the continental United States.

Erin Davis | 12.18.2023 7:00 AM

Javier Milei, new libertarian-leaning president of Argentina, against a yellow and blue background. | Lex Villena; Manuel Cortina / SOPA Images/Sip/Newscom

Javier Milei

Is Javier Milei a 'Doctrinaire Hayekian' and a Secret Reason Science Project?

Sohrab Ahmari denounces Argentina's new president as a faux populist. Good for Milei.

Nick Gillespie | 11.22.2023 5:21 PM

Javier Milei Argentina president libertarian classical liberal populism election | Sebastian Salguero/dpa/picture-alliance/Newscom

Argentina

What American Conservatives Can Learn From Argentina's Javier Milei

Once you get past the aesthetics, the similarities between Milei and MAGA mostly vanish.

Eric Boehm | 11.20.2023 1:45 PM

Javier Milei with his supporters | Marcelo Manera/Newsco

Argentina

The Argentine Libertarian Dog-Friendly Darling?

Plus: Libertarian lessons in the wake of the Maui wildfires

Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman | 8.21.2023 4:02 PM

Javier Milei standing with his arms raised in the air in front of a purple background. | Anibal Greco/Newscom

Argentina

A Self-Described Anarcho-Capitalist Won a Plurality in Argentina's Presidential Primary

Javier Milei’s coalition, Liberty Moves Forward, advances to the first stage of the October general election.

Marcos Falcone | 8.14.2023 11:30 AM

book1 | Princeton University Press

Economics

The Chicago Boys' Deal With the Devil

The Chile Project surveys neoliberalism's most polarizing experiment.

Andrew Farrant | 7.30.2023 6:00 AM

Amazon | Amazon Jungle © Dirk Ercken | Dreamstime.com

Free-Range Kids

Resourceful Indigenous Kids Survive 40 Days in Amazon Jungle

In the U.S., we arrest parents who let their 8-year-olds walk half a mile.

Lenore Skenazy | 6.21.2023 10:00 AM

Santiago Peña at a polling station in Paraguay | Wang Tiancong / Xinhua News Agency/Newscom

Paraguay

A Big Issue in Paraguay's Elections Was…Taiwan?

The voters opted to keep the country's ties with the island—a remarkable choice, given that China has become South America's top trading partner.

Daniel Raisbeck | 5.4.2023 5:05 PM

A riot policeman fires tear gas over the heads of a line of riot police ahead of him, in a nighttime urban environment. | Lucas Aguayo Araos/dpa/picture-alliance/Newscom

Peru

Curfews and Restrictions: Peru's Regime Cracks Down

Twenty-five people have died this month amid nationwide protests.

Eric Bazail-Eimil | 12.22.2022 12:45 PM

Flag with Argentina's vice president, Cristina Fernández de Kirchner | Manuel Cortina/ZUMAPRESS/Newscom

Argentina

Orwell in Argentina

Dark clouds are gathering in Buenos Aires.

Marcos Falcone | 9.9.2022 10:15 AM

Chile Protests | (Illustration: Lex Villena; Felipe Figueroa/ZUMAPRESS/Newscom)

Chile

Chile's Proposed Left-Wing Constitution Could Spell Chaos

The 54,000-word draft document is a feeding frenzy of political interests looking to codify special rights and privileges.

Alyssa Martinez, Daniel Raisbeck, and Danielle Thompson | 8.26.2022 1:35 PM

Chilean President Gabriel Boric speaking at a podium with a red, white, and blue sash over his suit. A photoshopped background image shows a ballot for the 1980 constitutional referendum. | Illustration Lex Villenas: Lucas Aguayo Araos/ZUMAPRESS/Newscom; Wikimedia

Latin America

Chile's Student-Protester Generation Plays With Constitutional Chaos

Voters will hopefully come to their senses and reject a radical, left-wing constitution.

Daniel Raisbeck | 8.3.2022 3:15 PM

efephotos764255 | Paolo Aguilar/EFE/Newscom

Latin America

Can Peru's Constitution Survive a Marxist Onslaught?

Election winner Pedro Castillo plans to end the country’s successful free market reforms.

Daniel Raisbeck | 7.1.2021 11:20 AM

efephotos755796 | Ernesto Guzmán Jr./EFE/Newscom

Colombia

Colombia's Anti-Imperialists Import Cancel Culture

The rent-seekers' rebellion has achieved little beyond dispelling the Marxist notion of class struggle.

Daniel Raisbeck | 6.17.2021 7:00 AM

Juan Bautista Alberdi | Ingram Publishing/Newscom

South America

The Hispanic Tradition of Liberty

Neither Peron-style corporatism nor Christian socialism have enabled innovation and prosperity in Latin America.

Daniel Raisbeck | 10.14.2020 12:00 PM

Cartel violence | Jonathan Alpeyrie/Polaris/Newscom

War on Drugs

Breaking the Bloody Mexican Drug Cartels

Support for legalizing recreational drugs is sweeping Latin America.

Robert Carle | 8.21.2020 10:20 AM

President Luis Lacalle Pou | Federico Anfitti/EFE/Newscom

Uruguay

Will Uruguay's Luis Lacalle Pou Deliver Where Brazil's Jair Bolsonaro Has Faltered?

New hope for free market reform in Latin America.

Daniel Raisbeck | 7.3.2020 10:00 AM

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