No serious free marketer believes that markets are perfect. We aren't utopians. Unfortunately, perfect markets and perfect competition are often the starting point of economic textbooks. This rosy starting point leads many to conclude that when conditions are less than perfect, the best course of action for a correction is government intervention. It's wrong.
Markets Aren't Perfect, but Government Is Worse Read More »
Puerto Ricans have lived through decades of this left-wing utopia, and they are fleeing it. The island’s working-age population declined by 100,000 since 2005, as the economy shifted from stagnation to depression. In a parallel universe with free markets and low regulation, Puerto Rico could have become the Singapore of the Caribbean.
Progressive Paradise Lost Read More »
Instability is perhaps the most important trigger when it comes to relocation. It was less complicated to start from scratch in the state of Florida, a place that was no stranger to us. We had been there many times and many friends had relocated to Florida in search of a better quality of life.
Puerto Rico is a country of uncertainty Read More »
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.
Exodus of Professionals: A Realistic Dialogue Read More »
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.
The Heroes of Capitalism: Margaret Thatcher Read More »
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.
Puerto Rican physiatrist: I've been here for two years, and I can't take it anymore. Read More »
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.
Florida is the number one state in the U.S. for economic freedom Read More »
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.
Sorry Jones Act Supporters, the Law Is Still a Bad Deal for Puerto Rico Read More »
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.
What are the projections on the Fiscal Oversight Board in the face of Labor Reform? Read More »
The Catholic University conducted a survey on the thinkers most cited by specialists in the economic field. Liberals top the list.
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