Essays and Reports

Share
 PDF
Free Market

Juan Lara

ileprstg
Challenges to Classical Liberalism

Free-market economy is an economic system with proven effectiveness in coordinating the efficient use of a society’s resources and promoting productive innovation but, like any human institution, it faces challenges that can hinder its proper operation and warp its results. An array of improper, and even illegal, behaviors divert the legitimate business goal of making profits toward a pursuit of profit that is disconnected from productive activity and focused on the exploitation of advantages and privileges. These practices include rent-seeking, clientelism, nepotism, cronyism, and—in extreme cases—corruption.

Read more
Share
 PDF
Essays

Justin T. Callais

Nicole
Economic Freedom and Social Mobility: What Does It Mean for Puerto Rico?

Social and income mobility has become a hot topic among social scientists and policymakers. Few, though, have examined the role of economic freedom in explaining differences in mobility. I summarize my work showing that economic freedom has a strong impact on improving mobility.

Read more
Share
 PDF
Essays

Ojel L. Rodríguez Burgos

Nicole
The Role of Government and the free Market

The free-market system allows the individual to interact freely for the satisfaction of his conception of the good life within the rule of law. The individual as an agent is the main actor within the market; however, private, or public businesses and the State itself also figure as actors in the free market. In this article, we present the three ways in which the State acts in the free market.

Read more
Share
 PDF
Essays

Juan Lara

Nicole
The Right to Private Property

Why is the right to private property important? What is the relationship between private property and economic liberty and free market economy? Why is private property related to economic efficiency and innovation? How do you protect the private property in Puerto Rico and the United States? What are the limits of private property?

Read more
Share
 PDF
Essays

Ojel L. Rodríguez Burgos

Nicole
Necessity Has Triumphed over Desire

Liberalism is the political doctrine that built and dominates our modern world; yet the liberalism of desire that fostered the construction of this world has been transformed into a liberalism of necessity—a liberalism that constructs politics as a dichotomy between oppressors and victims. This kind of politics requires the power of the State to save individuals from victimhood; however, only the individual acting freely can mitigate their suffering.

Read more
View all

Articles and OpEd

Before leaving to enjoy their long and well-deserved vacations, some legislators are pushing a pilot plan to reduce the workday in government agencies -and later in private enterprise- to 32 hours per week, with the same salary and benefits.

Banquet in Sight: Every Friday Off

Ver más
Share
Articles
ILE
If Puerto Rico bankruptcy ruling stands, it could devastate municipal borrowing.

As a former attorney general of the United States, I find it crucial to shed light on a recent court ruling in Puerto Rico that demands our attention. The decision made by U.S. District Judge Laura Taylor Swain in the bankruptcy proceedings of the Puerto Rico Electric Power Authority (PREPA) has profound implications, particularly for the fairness and efficiency of capital markets, as well as the access of state and local governments to municipal bonds.

Read more
Share
Articles
Jeff Deist
A Permanent Wartime Economy

The fundamental reality is that more money does not create any new goods or services in the economy. Money is not wealth. Wealth is productive capacity; the ability to create actual goods and services.

Read more
Share
Articles
Rafael Lenín López,
The super influencers of 2024

Those who, in my opinion, will be the most important influencers of the next General Elections in Puerto Rico are already presenting themselves in society: the super PAC's, particularly the one created by the country's industrialists called "Democracy is Prosperity".

Read more
Share
Articles
Patrick Carroll
New Hampshire Bakery Ordered to Remove Mural Because It Depicts Pastries

When even the smallest details regarding a property fall under the purview of government, the inevitable result is a society of busybodies.

Read more

What is ILE?

About ILE
The Puerto Rico Institute for Economic Liberty is a...

What we want
To live in a Puerto Rico where everyone has the ability...

What we believe
Puerto Ricans should have the opportunity to...

View all →

Multimedia

Share
Videos

ILE

Notiseis Special Report – Population Reduction and the Impact on Puerto Rico’s Economic Development

WIPR’s program “Notiseis Special Report” featured Jorge L. Rodriguez, along with Dr. Glorymar Rivera, to talk about population reduction in Puerto Rico and its impact on our economy and economic development.

Read more
Share
Videos

ILE

Economic freedom recognizes the freedom of each individual

This week we talk with Jorge L. Rodríguez, founder of the Institute for Economic Liberty - a non-profit organization that educates about economic liberty. With him, we talked about economic freedom, the organization's programs, some of the key problems affecting Puerto Rico, and ILE's plans for the future. This organization has created several reports and investigations whose purpose is to support changes in public policy to transform Puerto Rico into a more equative and fair-minded society.

Read more

View all →

View all

Press and Newsletters

Share
Press Release
ILE
Profe
The Institute for Economic Liberty presents to Congress an updated report on the change from NAP to SNAP in Puerto Rico

Jorge L. Rodríguez, founder and president of the Institute for Economic Liberty (ILE by its name in Spanish), traveled to Washington, D.C. to present an update of the report From NAP to SNAP: A Bridge to Economic Liberty for Residents of Puerto Rico, published by ILE last year. The report presents the characteristics and operation of the federal government’s block grant currently received by the Island, for nutrition assistance, and compares and contrasts its limitations with the benefits of the Supplemental Nutrition Assistance Program (SNAP).

Read more
Share
 PDF
Press
Marian Díaz
Profe
"If Puerto Rico were independent from the United States, it would be a catastrophe," assures Chilean economist

Axel Kaiser explained that the island is the U.S. jurisdiction with the lowest level of economic freedom.

Read more
Share
 PDF
Press
Efraín Montalbán Ríos
Profe
Puerto Rico "is not a country that generates admiration" politically and economically.

"That's bad, it's mediocre. Consequently, there is a lot of room for improvement in terms of corruption, rule of law, efficiency of public spending and the effectiveness of the judiciary. (Puerto Rico) has the problem of a very large government and inflexible labor regimes, so there are several issues there that Puerto Rico needs to improve on the economic liberty indicators," Kaiser said.

Read more
View all

Contribute now for a free and prosperous Puerto Rico

With your help, we will promote the ideals of individual liberty and responsibility, the rule of law, private property, and effective and accountable government to increase opportunity in Puerto Rico and enable prosperity for all.

Donate now

Scroll to Top