Overview
Can drastic budget cuts save a struggling economy? This video explores how Argentina’s President Javier Milei defied critics by slashing government spending, reducing inflation, and restoring economic stability—offering a powerful case study in free-market reforms.

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Grade level and subjects
• Recommended for grades 6-12
• Works in Classroom, Hybrid, and Homeschool settings

What students will learn
By the end of this lesson, students will be able to:
• identify the economic challenges Argentina faced before Javier Milei’s presidency;
• explain the key libertarian policies Milei implemented to reduce government spending;
• analyze the effects of Milei’s budget cuts on inflation, employment, and economic stability; and
• assess the potential benefits and drawbacks of applying similar economic policies in other countries.

Key concepts and terms covered
Budget surplus, Deregulation, Inflation, and Libertarian.

Sample discussion questions
• What economic problems did Argentina face before Javier Milei became president?
• How did Milei’s budget cuts affect inflation and Argentina’s economy?
• What is the difference between libertarian economic policies and other economic approaches?
• How might similar budget cuts work (or not work) in other countries, like the United States?
• How does Milei’s approach compare to the approach Donald Trump is taking in his second term?

What’s in the free teacher’s guide
This printable 15-page Teacher's Guide includes a lesson description, learning objectives, key vocabulary, a fill-in viewing guide with answer key, discussion and analysis questions, and classroom activities.

Standards alignment
Aligned to state standards — use the SITC Standards Tool to match this video to the standards in your state.