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Chainsaw out of gas? Milei’s experiment wobbles

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts · Oct 3, 2025

Argentina's Milei faces a fragile economy, the US commercial property market shows signs of life, and a look back at Jane Goodall's legacy.

Jane Goodall's "Unscientific" Methods Proved Animal Personhood

In the 1960s, Jane Goodall was criticized by scientists for naming chimpanzees and describing their emotions. These very methods, however, were crucial in overthrowing the dogma that personality, thought, and feeling were uniquely human traits, transforming the field of ethology.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago

Private Credit Funds Are Displacing Banks in Commercial Property Debt

As traditional banks retreat from risky commercial property loans, private credit investors are filling the void. These new players, with higher risk tolerance and longer investment horizons, are expected to absorb a trillion dollars in commercial mortgages, reshaping the sector's financing.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago

Jane Goodall's Landmark Study Was Saved by a Scientifically Flawed Compromise

To secure critical funding from National Geographic, Jane Goodall's team used banana feeding to lure chimpanzees for filming. While acknowledged as a potential scientific mistake that interfered with natural behavior, this pragmatic decision was essential for the research project's survival.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago

Argentina's Milei Governs Without a Majority by Wielding Popular Support

Despite his party holding very few seats in Congress, President Javier Milei successfully enacts his agenda by maintaining enormous popular support. This pressures opposition parties to cooperate, as they fear voter backlash if they are seen to obstruct his popular policies.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago

US Support for Argentina's Peso Stems from Trump's Personal Alliance with Milei

The US Treasury's intervention to stabilize the Argentine peso was likely motivated by President Trump's desire to support a key political ally, Javier Milei, rather than specific US economic interests like shale gas or IMF stability.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago

US Office Market Recovery Is Driven by Shrinking Supply, Not Returning Demand

The US commercial real estate recovery isn't from a post-pandemic return to office. It's a supply-side correction: new construction has plummeted while old buildings are demolished or converted, causing total office space to shrink for the first time in 25 years.

Chainsaw out of gas? Milei’s experiment wobbles thumbnail

Chainsaw out of gas? Milei’s experiment wobbles

Economist Podcasts·5 months ago