President-elect Javier Milei waves during a joint session of Congress to officially declare him and his running mate winners of the presidential runoff election in Buenos Aires, Argentina, on Nov. 29, 2023. Natacha Pisarenko/AP Photo
E.J. Antoni, PhD, is a public finance economist and the Richard F. Aster research fellow in The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget.