Palacio, who was educated at the University of Buenos Aires, was a founder of the avant-garde magazine Martin Fierro and began his political life as an anarchist.
[1] The main influence in his conversion was his friend César Pico and Spanish thinker Ramiro de Maeztu, of whose writings Palacio became a follower.
[2] Following the 1930 coup d'état, Palacio briefly held the position of Minister of the Interior and Public Education in the province of San Juan.
[3] He wrote regularly for La Nueva Republica (LNR), the right-wing journal established in 1927 that formed the basis for nationalist revival in Argentina's elite.
[4] Sharing editing duties with the likes of Juan Carulla, Rodolfo Irazusta and his brother Julio, Roberto de Laferrere and César Pico, the journal developed an Integralist platform based on the ideas of Leopoldo Lugones.