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Reports

Reports, studies and work carried out by ILE to promote and advance the values ​​of economic freedom and free market in Puerto Rico and around the world.
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Reports

Ángel Carrión-Tavárez

Economic Freedom of North America 2023

Economic Freedom of North America 2023 is the nineteenth edition of the Fraser Institute’s annual report. This year it measures the extent to which—in 2021, the year with the most recent available comprehensive data—the policies of North American jurisdictions were supportive of economic freedom, the ability of individuals to act in the economic sphere free of undue restrictions.

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Ángel Carrión-Tavárez

Doing Business North America 2022, Compendium

Business activity requires a streamlined legal and regulatory system and a public policy that is reliable and accessible to all.1 This includes the rules, regulations, and processes that can help promote an environment conducive to individual entrepreneurship. The extent to which the regulatory framework and public policy are favorable for business creation and operation in a given jurisdiction is known as the ease of doing dusiness.

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Ángel Carrión-Tavárez, Luz N. Fernández-López and Juan Lara

Free Market in Puerto Rico 2022

The general objective of this study was to assess the knowledge of the main principles of economic liberty and the free market, and the affinity with them in Puerto Rico.

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Institute for Justice

License to Work (3rd Edition): Licensing in Puerto Rico

This study examines the scope and specific burdens of occupational licensing and documents the licensing requirements for 102 lower-income occupations across all 50 states, Puerto Rico, and the District of Columbia.

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Ángel Carrión-Tavárez

Chapter 3: A First Look at Economic Freedom in Puerto Rico

This annual report measures the extent to which the policies of individual jurisdictions are supportive of economic freedom. Puerto Rico was included in 2022, for the first time, shedding light on the components and areas that affect the ability of individuals to participate in the economic sphere without undue restrictions.

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The Road to Serfdom
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Ojel L. Rodríguez Burgos

The Road to Serfdom Turns 80

The Nobel Prize-winning economist Friedrich Hayek is recognized as one of the most important advocates of liberty in the 20th century. The work that earned him this distinction was The Road to Serfdom, published in 1944 and dedicated “To the socialists of all parties.” The central thesis of the book is the incompatibility of central economic planning and a society of free individuals. This article reviews the origins and some of the key arguments of this seminal work in economic thought.

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Lights and Shadows of Puerto Rican Business
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Alberto Gómez Hernández

Lights and Shadows of the Puerto Rican Business Environment

The existence of a business-friendly environment that facilitates investment, entrepreneurship, and business growth is of utmost importance for the economic development of any country. This becomes more relevant today, as companies, entrepreneurs, and productive factors—always scarce—can relocate to places where conditions are more favorable, creating a status quo in which countries constantly compete—at both regional and global scales—to attract investment and talent.

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Challenges to Classical Liberalism
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Juan Lara

Challenges to Classical Liberalism

Free-market economy is an economic system with proven effectiveness in coordinating the efficient use of a society’s resources and promoting productive innovation but, like any human institution, it faces challenges that can hinder its proper operation and warp its results. An array of improper, and even illegal, behaviors divert the legitimate business goal of making profits toward a pursuit of profit that is disconnected from productive activity and focused on the exploitation of advantages and privileges. These practices include rent-seeking, clientelism, nepotism, cronyism, and—in extreme cases—corruption.

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With your help, we will promote the ideals of individual liberty and responsibility, the rule of law, private property, and effective and accountable government to increase opportunity in Puerto Rico and enable prosperity for all.

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