Renato ‘Moicano’ Explains UFC 300 Shoutout to Austrian Economist

Renato
Carneiro
appears to be a vocal advocate of the
Austrian-inspired economic libertarianism movement in Brazil.

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“Moicano” survived an early scare to score a come-from-behind
stoppage win against Jalin
Turner
in arguably his toughest test to date at UFC
300
on Saturday. “Money” gave a shoutout to Austrian American economist Ludwig von
Mises in his post-fight Octagon interview.

“Moicano” advised people who love their country to read “Economic
Policy: Thoughts For Today And Tomorrow” by Mises which was
republished in Portuguese as “Six Lessons, Economic Policy.” The
book, which is one of Mises’ most popular, discusses capitalism,
socialism, inflation, etc. in a series of six lectures he delivered
in Argentina. Carneiro explained his shoutout on “The MMA Hour.”

“Because I’m very concerned. A lot of people talk to me about
money,” he said. “But, the problem is, it’s not about how much
money you get, it’s about how much money you can keep. And like
with the inflation, this book ‘Six Lessons of Mises [Six Lessons,
Economic Policy],’ I think in English it’s another name [Economic
Policy: Thoughts For Today And Tomorrow], this is the Portuguese
name. But in this book you learn about capitalism, socialism,
interventionism, inflation, foreign currency, and political ideas.
And in this book, he explained what the government does what your
money with taxes and the way they break out of debt.”

Mises and his future Nobel laureate disciple, Friedrich Hayek,
strongly supported free markets and minimal government
interference. While both are widely denounced elsewhere, they
gained immense popularity in Brazil during former conservative
president Jair Bolsonaro’s regime. Despite current socialist
president Luiz Inácio Lula da Silva’s crackdown on free speech,
“Moicano” continues to be a mouthpiece of the “Menos Marx, Mais
Mises” movement.

“I know some people are struggling and they are on [in] a bad place
but the government wants that, they want people in bad places so
that they can make that money, can keep the cycle of poverty. And
if you start to learn and understand about economics, then about
money, you don’t want to be rely [reliant] on government, rely on
welfare, because in the long term this is going to destroy not only
the rich but the middle class and the poor too,” said the
Brazilian. “Many, many empires collapsed [due to] inflation and
uncontrollable debt. The Roman Empire was destroyed not only
because of barbarians but because they were falsifying the coins.
They couldn’t print the money, so they were mixing metals with the
silver and losing the [value]. So, the degeneration of money, the
degeneration of society leads to a weak society. And I want to live
in a strong society with good values, so that’s why I recommend you
read Ludwig Von Mises, Six Lessons. It’s six lectures that he did
on [in] Argentina, very easy topics, you don’t need to be a
scholar, it’s very easy to understand.”

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