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.

“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.”