Critics are calling the Paraguayan president’s decision to govern via soccer superstitions a cowardly abdication of duty. I call it the most innovative macroeconomic policy of the decade.
When Paraguayan President Santiago Peña traveled to the United States for his national team’s opening match, the international press expected the usual performative statesmanship. Instead, after a tense first outing, Peña boldly announced he would not be going anywhere near the stadium for the remainder of the tournament. The media immediately branded him the most superstitious man in Paraguayan politics. They mocked his decision to declare a spontaneous national holiday so he could watch the subsequent matches from the absolute safety of his living room. The press is, as usual, completely missing the point.
Let’s be honest, the global electorate has become entirely too demanding. We expect our heads of state to be visible, to attend summits, to occasionally leave their soft furnishings. But after a recent off-the-record briefing with a senior aide in Asunción, I realized that Peña’s refusal to cross a stadium turnstile is exactly the kind of boundary-setting the modern executive needs. He recognized a bad vibe, he honored the jinx, and he stayed home. That is what decisive action looks like.

During my last trip to the Palacio de los López—arranged, I should add, through a mutual friend at the IMF—I was struck by the sheer operational brilliance of the President's new setup. The entire west wing has been retrofitted not for crisis management, but for vibe preservation. Aides whisper. Curtains are drawn. The state television feed is delayed by exactly seven seconds so an intern can mute the broadcast if the opposing team earns a corner kick. It is the most efficient bureaucracy I have ever witnessed.
We spend so much time in Washington begging for leaders who are willing to listen to the data. But what, I ask you, is a sports superstition if not a highly personalized, purely metaphysical dataset? Peña went to the stadium. The energy was reportedly terrible. Therefore, the stadium is compromised. To return would be an act of gross negligence. By locking himself in his residence and refusing to tempt fate, the President is merely executing a flawless risk-mitigation strategy.
Naturally, the populist left is furious about the optics of a grown man paralyzing a sovereign republic because he thinks his physical presence might cause a winger to pull a hamstring. They complain about the lost productivity of a sudden, legally mandated day off. What these critics fail to grasp is the profound economic stabilizing effect of executive inaction. By freezing the entire country for twenty-four hours, Peña has brilliantly eliminated the risk of any terrible policy mistakes being made while everyone is distracted by a penalty shootout.

We have modeled every possible outcome for this tournament, and our most sophisticated projections indicate that if the President makes direct eye contact with a referee, foreign direct investment will drop by fourteen percent.
I was discussing this very phenomenon over a highly exclusive lunch with a prominent K Street lobbyist just yesterday. We both agreed that the superstition model is infinitely more reliable than traditional polling. A president who governs by the whims of an unpredictable sports jinx is a president who cannot be lobbied by special interests. You cannot bribe a man who is currently hiding behind his sofa because the opposing striker is making a run. He is entirely insulated from the swamp.
Compare this visionary approach to the exhausted playbooks of other world leaders. Prime Minister Keir Starmer is currently trapped in an endless cycle of messaging about his football attendance, desperately trying to prove he is a man of the people by sitting in the stands. President Emmanuel Macron is exhausting himself showing up to every minor sporting event in France just to get booed. These men are slaves to the optics of presence. Peña has transcended presence entirely. He has realized that the highest form of power is making an entire nation stop working just so you can nervously pace your carpet in peace.
We saw a similar, though less formalized, dynamic during the last Davos summit. I sat next to the CEO of a major European equities fund who confessed he makes all his quarterly projections based on whether it rains on his drive to the airport. The only difference is that the private sector calls this intuition, while the media smears a visionary like Peña as superstitious. It is pure elitism to suggest that reading a Bloomberg terminal is somehow more rigorous than avoiding a stadium because you got a weird feeling in your stomach.

There is a lesson here for the American political establishment, if only they have the courage to learn it. Imagine if Washington adopted the Peña doctrine of tactical cowardice. If an international summit carries the risk of bad luck, simply do not go. If the vibes in the Situation Room are off, declare a bank holiday, put on a comfortable pair of sweatpants, and let the mid-level bureaucrats handle the fallout. It is a masterclass in delegating anxiety to the working class while preserving the sanctity of the executive aura.
Furthermore, the living room holiday is a triumph of modern messaging. It requires zero talking points. There is no need for a press secretary to spin a complex narrative about why the President is hiding. The narrative is simply that the team is playing, the jinx is real, and no one should disturb the commander-in-chief while he is holding his lucky remote control. It is a universally understood language. Even the most hardened political opponents respect the absolute necessity of not messing with a winning streak.
The public will always complain about the optics of a head of state governing based on whether he is wearing his lucky socks. They will demand accountability, transparency, and a leader who does not base federal law on a referee's whistle. But as I watched Peña boldly refuse to leave his house, insulated from consequence and perfectly comfortable on his couch, I felt a deep, abiding sense of relief. Finally, a leader who understands that the best thing he can possibly do for his country is absolutely nothing at all.