Economic Freedom

Puerto Rico can use guest workers, just like many states

The immigration fiasco on the southern border is not the only ongoing U.S. crisis involving an exodus of Spanish speakers. Since 2006, Puerto Rico has endured an economic and fiscal collapse that has seen nearly a million people emigrate to the mainland United States, which is now the home to more Puerto Ricans than the island itself.

Puerto Rico can use guest workers, just like many states Read More »

Marc Joffe
March 15, 2023

Damien Robles Sanchez, et al. v. Estado Libre Asociado de Puerto Rico, et al.

Amicus brief before Puerto Rico’s Supreme Court, in support of the certiorari of the petitioners, to argue the retroactive application of the special tax to the beneficiaries of tax exemption decrees, since it is ultra vires that undermines the pre-existing contractual obligations of the petitioners in violation of their constitutional right that protects them against

Damien Robles Sanchez, et al. v. Estado Libre Asociado de Puerto Rico, et al. Read More »

ILE
March 9, 2023

Rodríguez Vélez, et al. v. Hon. Pedro R. Pierluisi Urrutia

Federal lawsuit concerning vaccine mandate of public employees. Lawsuit at the United States First District Court for the District of Puerto Rico, to modify the vaccine mandate and its disproportionate burden to unvaccinated public employees, as established on Executive Order No. 2021–058. Documents Case 3:21-cv-01366: Zulay Rodriguez Velez, et al. Plaintiffs v. Hon. Pedro R.

Rodríguez Vélez, et al. v. Hon. Pedro R. Pierluisi Urrutia Read More »

ILE
March 9, 2023

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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Ángel Carrión-Tavárez

January 9, 2023

The Case for Bringing Back Neckties (and Classical Liberalism)

Liberalism—or, to clarify, classical liberalism, the liberalism of Adam Smith, George Washington, and James Madison, which developed a few centuries ago and cherishes free markets, limited government, and flourishing social institutions—is (like the necktie) a bit out of favor. That’s ironic, because it produced so much good.

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Bruce Rottman
December 6, 2022

Friedrich A. Hayek (1899-1992), his legacy and classical liberalism

Fortunately, he lived long enough to see his towering intellect recognized again. Both Keynesians and socialists were eventually defeated soundly by the tide of events and the truth of his teachings. Classical liberalism is once again a vibrant body of thought. Austrian economics has re-emerged as a major school of economic thought, and younger scholars in law, history, economics, politics, and philosophy are pursuing Hayekian themes.

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Peter J. Boettke, PhD
November 8, 2022
Friedrich A. Hayek (1899-1992)

Puerto Rican migration in search of economic freedom

When looking at other states and territories, it is notable that those with the highest net inbound migration are those with the lowest tax burdens, that encourage entrepreneurial activity, that are fiscally healthy, and that have strong economies. Likewise, those with the highest net outgoing migration are those that impose higher tax burdens and more regulations and offer fewer employment opportunities.

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Milton J. Quiles
August 22, 2022
Puerto Rican migration in search of economic freedom

Miami Takes On the Socialist Model

On one side, we have the socialist model: high taxes, high regulation, less competition and declining public services with government imposing itself as the solver and arbiter of all social problems. On the other side, we have the Miami model: low taxes, low regulation and a commitment to public safety and private enterprise. The models present a stark choice on issues ranging from personal freedom, economic opportunity, public safety and the role of government.

Miami Takes On the Socialist Model Read More »

Francis X. Suarez
August 22, 2022
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