Javier Milei's Gift for Pope Leo
On June 7, Pope Leo XIV met with Argentine President Javier Milei at the Vatican. Mr. Milei reportedly gave the new pope a historical document from 1642, a handwoven vicuña poncho, and Austrian economist Friedrich Hayek's 1988 book, 'The Fatal Conceit: The Errors of Socialism.' Even though the book costs only $18.83 on Amazon, it was the most valuable gift.
Hayek's fatal conceit is that 'man is able to shape the world around him according to his wishes.' It's a hearty defense of free markets—of classical liberalism. My colleague Matthew Hennessey got taken to task by the vice president for defending free markets on these pages. In 2025!
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