Exodus of Professionals: A Realistic Dialogue

Much ink has flowed during these months about the crisis that is looming over Puerto Rico with the exodus of doctors and other health personnel who, encouraged by the good salaries paid in the United States, and fed up with putting up with the excesses of the insurance companies, decide to put the sea in between.

The Heroes of Capitalism: Margaret Thatcher

One of the most pressing deficiencies of the defenders of the market economy: the lack of myths. In contrast to the left and its romanticization of symbols that were once the incarnation of the most stupendous oppression the earth has ever witnessed, the right and its families are orphaned of intellectual and political referents. Therefore, it is necessary to select and resignify some historical figures that, although we may disagree with certain actions, as a whole serve to embody values that we share.

Puerto Rican physiatrist: I've been here for two years, and I can't take it anymore.

After two years of struggling daily with a broken system, I have had to make the decision to return to the United States. My situation is just a symptom of an ailing healthcare system that is not prepared to help either healthcare professionals or patients.

Florida is the number one state in the U.S. for economic freedom

The state governed by Republican Ron DeSantis also ranks first in fiscal policy and second in educational freedom and an overall index of freedoms in the U.S.

Sorry Jones Act Supporters, the Law Is Still a Bad Deal for Puerto Rico

The Jones Act has been hurting Puerto Rico for a long time. That’s the inevitable result of shipping protectionism that thwarts competition and requires the use of ships significantly more expensive to build and operate than their internationally‐​flagged counterparts.

What are the projections on the Fiscal Oversight Board in the face of Labor Reform?

The lawyer said that, from his experience, the JSF has written more letters to the government regarding the new Labor Reform than with other issues. "In other cases where the Board sues, it always sends letters and warnings, but in the case of Law 41 the Board is being very incisive," he said. "I would describe it as a last chance, but I admit that I have not seen a previous letter in which the Board gave the government so many chances", he said.

Von Mises, Smith and Friedman are already more present in young people than Marx and Keynes

The Catholic University conducted a survey on the thinkers most cited by specialists in the economic field. Liberals top the list.

Students’ Family Background Matters

One implication stands out above all: That schools bring little influence to bear on a child’s achievement that is independent of his background and general social context; and that this very lack of an independent effect means that the inequalities imposed on children by their home, neighborhood, and peer environment are carried along to become the inequalities with which they confront adult life at the end of school.

Miami Takes On the Socialist Model

On one side, we have the socialist model: high taxes, high regulation, less competition and declining public services with government imposing itself as the solver and arbiter of all social problems. On the other side, we have the Miami model: low taxes, low regulation and a commitment to public safety and private enterprise. The models present a stark choice on issues ranging from personal freedom, economic opportunity, public safety and the role of government.

Labor reform changes, next litigation between the Board and the Government

In the letter dated July 30, the Oversight Board attached an extensive study by economist Robert Triest in which the negative impacts that Law 41 would have on the economic development of Puerto Rico are summarized. In short, the economic study concludes that Law 41 discourages the hiring of new employees in the private sector and, therefore, Government revenues will be affected. Specifically, the study concludes that Law 41 will cause a decrease in Government revenues of $156 million in the short term and - in the long term - it will cause a reduction of $8.1 billion in revenues. Based on that study, the Board concludes that Law 41 is inconsistent with the Fiscal Plan and violates PROMESA.

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