Essays

Economic Freedom

The right of every human being to earn an honest living - that is, to work, produce, undertake, sell, buy and exchange goods and services - responsibly and voluntarily, without undue governmental interference or hindrance.

Free Market

An economic system based on supply and demand with minimal or no government intervention.

Free Market Pillars

Individual Liberties
The liberty of an individual to exercise those rights generally accepted as being outside of government control.

Rule of Law
Concise, consistent, and systematic enforcement of the rule of law, equal protection before the law, and impartial enforcement of breaches of the law, gives everyone a clear understanding of the options available and empowers us to better plan our options.

Property Rights
The rights of individuals and organizations to own and use goods, and to obtain a profit from these.

Limited Government
A government in which its powers are limited by a Constitution to avoid unnecessary interference in the economic and social life of individuals while allowing the people to control government intervention through representation and voting power.

Challenges of Classical Liberalism
Improper and even illegal behaviors, such as the exploitation of advantages and privileges, that divert the legitimate business objective of making profits.

Puerto Rico and the Free Market

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