The capital of Puerto Rico was included for the first time in the Doing Business North America 2022 Report published by Arizona State University.
San Juan is the most difficult city to do business in, of all major cities in the U.S. Read More »
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).
Axel Kaiser explained that the island is the U.S. jurisdiction with the lowest level of economic freedom.
"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 »
"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 »
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 »
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 »
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 »
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.
Survey on the Free Market in Puerto Rico published Read More »
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.”
Study reveals Puerto Ricans feel island’s ‘economic situation is bad or very bad’ Read More »
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