Lucas Llach and Pablo Gerchunoff, prominent figures in Argentina's economic discourse, discuss the necessity of a higher real exchange rate to spur faster economic growth in Argentina. Their insights are rooted in a historical context that explores the tension between growth and equality, which has been a recurring theme in Argentina’s economic narrative since the 19th century. They draw on their extensive academic backgrounds to provide a nuanced analysis of these economic factors.

In their recent discussions with La Nacion, they reflect on the continuities and changes in economic policy under the current administration of Javier Milei. They emphasize that the economic conditions and decisions being made now are crucial for the country's future trajectory. Their examination highlights the importance of exchange rates and trade openness as central variables influencing Argentina's economic health.

The authors also incorporate their historical research into the current debate, mentioning their initial essay from 2004 and updates included in their new work, "Ved en trono a la noble igualdad". They encourage a dialogue on the implications of economic policies on social equality and growth, proposing that a recalibrated exchange rate could help bridge the gap between these two important objectives for Argentina's development.