Why Doesn’t the T-Shirt Exporter Pay, While the Coffee Exporter Does?

Comparación de los incentivos fiscales para exportadores de textiles y café en Guatemala.

Anyone in Guatemala who wanted to buy something as simple as imported chocolate, before 1986, had three doors available. The Comisariato Militar, if you had a military ID and knew someone inside: a “passport to paradise” of imported consumer goods. Selectas or Exclusivas, if you had the money of the capital’s upper class. For everyone […]

How Much Equality Can Freedom Bear?

Illustration of the balance between equality and freedom and the distinction between equality before the law and equality of outcome.

Equality before the law gives everyone the same rules; equality of outcome requires continuous intervention to equalize what people ultimately receive. From Tocqueville and Bastiat to Guatemala’s taxes, exemptions and public spending, this essay asks how far equality can advance before it begins to replace freedom.