Frustrated with generations of political mismanagement, Argentine voters chose a wild-card candidate last week to be their next president, rejecting an establishment politician from the ruling Peronist party.

Libertarian economist Javier Milei vows to slash government spending and replace Argentina’s peso with the U.S. dollar after he takes office in December. Argentines are cautiously optimistic that radical change is better than the status quo as the commodities-rich country battles staggeringly high inflation and rising poverty.