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 »
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 »
Rodríguez Vélez, et al. v. Hon. Pedro R. Pierluisi Urrutia Read More »
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.
Chapter 3: A First Look at Economic Freedom in Puerto Rico Read More »
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.
The Case for Bringing Back Neckties (and Classical Liberalism) Read More »
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.
Friedrich A. Hayek (1899-1992), his legacy and classical liberalism Read More »
Much ink has flowed during these months about the crisis that is looming over Puerto Rico with the exodus of doctors and other health personnel who, encouraged by the good salaries paid in the United States, and fed up with putting up with the excesses of the insurance companies, decide to put the sea in between.
Exodus of Professionals: A Realistic Dialogue Read More »
The state governed by Republican Ron DeSantis also ranks first in fiscal policy and second in educational freedom and an overall index of freedoms in the U.S.
Florida is the number one state in the U.S. for economic freedom Read More »
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.
Puerto Rican migration in search of economic freedom Read More »
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 »
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