Free Market

The Jones Act Is Forcing Puerto Rico to Overpay for Energy

Free Market /

That the Dominican Republic sources most of its fuel from the United States while Puerto Rico—a U.S. territory with American citizens—does not (and cannot in the case of bulk LPG and LNG) is an embarrassing absurdity. Such a distorted state of affairs can only be explained by misguided Jones Act protectionism. Let us hope the island can be exempted from this archaic law so it can make greater use of domestic products and realize much‐needed savings to meet its citizens’ energy needs.

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Free Market
Colin Grabow
August 3, 2022

Puerto Rico needs a state-of-the-art labor context

Limited Government /

We need to promote laws that encourage the growth of new companies and ecosystems of innovative services. In the near future, the emerging and vibrant economies will be those that enrich and promote the generation of services based on the talent of human capital. We need to transform the talent market and create a legislative framework that facilitates labor flexibility.

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Limited Government
Nilda Perez Martinez
August 2, 2022

Jorge L. Rodríguez, CEO of ILE, at the “La Competitividad Económica en Puerto Rico” forum

Videos /

Jorge L. Rodríguez, CEO of the Puerto Rico Institute for Economic Liberty (ILE), participated in the forum "Puerto Rico's Economic Competitiveness" held on May 20, 2022, at the Senate of Puerto Rico, speaking about the Institute, economic freedom, and free markets.

Jorge L. Rodríguez, CEO of ILE, at the “La Competitividad Económica en Puerto Rico” forum Read More »

Videos

ILE
July 11, 2022

Market concentration: source of inflation at the local level?

Free Market /

By 2017, Puerto Rico had fewer registered establishments than each of the 50 states, adjusting for population, implying a higher market concentration in Puerto Rico, on average, than in the United States. These market shares have historically been divided among no more than 4-5 major competitors. Firms in concentrated industries, due to little competition, may raise prices in the face of increases in their costs above what they would rise in a competitive market.

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Free Market
Emanuelle Alemar
June 9, 2022

Give Floridians Additional Choices Alongside Obamacare

Uncategorized /

Opening Florida’s market would provide a much‐​needed dose of competition. Federal and state regulations create so many barriers to competition that in 2019, just two insurers controlled 92% of Florida’s individual health insurance market. Allowing insurers in Puerto Rico, Guam, and the U.S. Virgin Islands to compete in a market as vast as Florida’s could create an economic boom in those territories.

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Uncategorized
Michael F. Cannon
May 16, 2022

Entrepreneurship or populism: the two routes for Puerto Rico

Economic Liberty /

Faced with the failure of the State and with it the ability to finance populist measures, there is no other route than to build a society and an economy based on entrepreneurship and business initiative. Individual freedom and the promotion of self-effort as guiding principles of a new socioeconomic model supposes a complete reengineering of the prevailing thought during the second half of the 20th century and so far in the 21st century.

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Economic Liberty
Gustavo Velez
May 10, 2022

Supply crunch should spur states to pursue licensing reform

Occupational Licenses /

In today’s difficult labor market, it’s important that we remove unnecessary red tape. State legislatures may have good intentions when they pass licensing laws, but they make it more difficult for people to enter professions or start businesses. State governments shouldn’t be making matters worse with unnecessary barriers to opportunity.

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Occupational Licenses
Conor Norris
April 19, 2022
Supply crunch should spur states to pursue licensing reform

Tropical Chill Corp., et al. v. Hon. Pedro R. Pierluisi Urrutia

Covid-19 /
Federal lawsuit concerning vaccine mandate in the private sector. Lawsuit at the United States First District Court for the District of Puerto Rico, to eliminate the compulsory vaccination and “Vacu-ID” requirement for workers and private businesses, as established on Executive Orders Nos. 2021-062–064 and Department of Health Ruling 138-A. Documents Civil No. 21–1411: Tropical Chill

Tropical Chill Corp., et al. v. Hon. Pedro R. Pierluisi Urrutia Read More »

Covid-19
ILE
November 19, 2021
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