"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.
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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.
Puerto Rico "is not a country that generates admiration" politically and economically. Read More »
The key to improve the economy and reduce the exodus in Puerto Rico
"Economic liberty is the sole responsibility of Puerto Ricans," said Axel Kaiser. Currently, the island is the U.S. jurisdiction with the least economic liberty.
The key to improve the economy and reduce the exodus in Puerto Rico Read More »
Learn about the professions with the most onerous burdens in Puerto Rico
Did you know that the government requires more hours of study for manicurists than for emergency medical technicians? The Institute for Economic Liberty believes it is time to facilitate trades and jobs on the island.
Learn about the professions with the most onerous burdens in Puerto Rico Read More »
With a negative perception of the economy and support for free enterprise the majority
These are some of the results of research promoted by the Institute for Economic Liberty.
With a negative perception of the economy and support for free enterprise the majority Read More »
Puerto Ricans pessimistic about the economy
A survey by the Institute for Economic Liberty reveals that people on the island favor a free market economic system and an interest in placing limits on government activity.
Puerto Ricans pessimistic about the economy Read More »
Survey on the Free Market in Puerto Rico published
El Instituto de Libertad Económica (ILE) publicó los resultados de una investigación sobre el conocimiento de los principios del libre mercado y la afinidad con ellos en Puerto Rico. El estudio abarcó los cuatro pilares principales del libre mercado: "Libertad individual", "Estado de derecho", "Derecho a la propiedad privada" y "Gobierno limitado", y temas como "situación actual de Puerto Rico", "asistencia social" y "meritocracia", entre otros.
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Study reveals Puerto Ricans feel island’s ‘economic situation is bad or very bad’
The Institute of Economic Liberty (ILE) announced the results of an investigation on the knowledge of the principles of the free market, and even as those who participated in the study’s survey stated that they were divided on how they assess their personal economic situation, 88% responded that Puerto Rico’s “economic situation is bad or very bad.”
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Puerto Ricans pessimistic about Puerto Rico's economy
Even with the economic growth that the country has registered and the allocation of millions in federal funds, Puerto Ricans indicated that they have a pessimistic perception of Puerto Rico's economy, both now and in the future, according to a study by the Institute for Economic Liberty (ILE).
Puerto Ricans pessimistic about Puerto Rico's economy Read More »
Survey on the Free Market in Puerto Rico
The Institute for Economic Liberty (ILE) published the results of a study on the knowledge of and affinity for free market principles in Puerto Rico. The study covered the four main pillars of the free market: "Individual Freedom", "Rule of Law", "Right to Private Property" and "Limited Government", and topics such as "Puerto Rico's Current Situation", "Social Welfare" and "Meritocracy", among others.
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