Individual Liberty

The Road to Serfdom Turns 80

Essays /

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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Essays

Ojel L. Rodríguez Burgos
June 5, 2024
The Road to Serfdom

Occupational licenses, a barrier to individual prosperity

Occupational Licenses /

Occupational licensing - state regulation of particular jobs - presents barriers to the economic freedom of individuals. Over time, the state has increased regulation of occupations, thereby increasing labor costs and subsistence, and limiting opportunities for access to jobs and trades. This has raised concerns for individuals, legislators and multi-sector leaders who seek to reform the sector to promote freedoms, including economic freedom, and economic growth.

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Occupational Licenses
Milton J. Quiles
April 7, 2023

The reforms that will save Puerto Rico

Free Market /

The preliminary costs of the bankruptcy, amounting to $1 billion so far, should be a powerful incentive for us to force structural reforms that will save Puerto Rico from a second bankruptcy and an economic cliff. It would be an act of collective folly to ignore the reasons that led us into the fiscal hole and to have become the first state government in the United States to file for bankruptcy.

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Free Market
Gustavo Velez
March 23, 2023

Puerto Rico can use guest workers, just like many states

Migration /

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.

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Migration
Marc Joffe
March 15, 2023

Separation and delegation of powers in the context of Covid-19 executive orders and its impact on individual freedom

Presentation /

Position paper presented during the Congress entitled "Access to Justice in the Administrative Process" held at the University of Puerto Rico School of Law, on the separation and delegation of powers in the context of executive orders covered by the indefinite declaration of emergency by Covid-19 and its impact on individual freedom.

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Presentation
Lic. Arturo V. Bauermeister
March 9, 2023

The Role of Government and the free Market

Essays /

The free-market system allows the individual to interact freely for the satisfaction of his conception of the good life within the rule of law. The individual as an agent is the main actor within the market; however, private, or public businesses and the State itself also figure as actors in the free market. In this article, we present the three ways in which the State acts in the free market.

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Essays

Ojel L. Rodríguez Burgos
January 3, 2023
Government and the free Market

Freedom and the Rule of Law

Essays /

The word freedom is used constantly, but little understood; to understand it, it is important to see the State as a civil association of individuals, where different ways of living and purposes coexist. This coexistence depends on a rule of law, which allows individuals to pursue their conception of the good life consistent with the rules of the association. The freedom requires a rule of law, which allows free action and cooperation of individuals in the market and thus benefits the economy.

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Essays

Ojel L. Rodríguez Burgos
August 29, 2022
Freedom and the Rule of Law
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