Sunday, January 19, 2025

Visiting the Free City of Próspera in Honduras

Recommendable!

Yesterday, I blogged here about freeports and self governing cities.

"... Próspera was founded as a charter city, as defined by an amendment to the Honduran constitution. It is formally a Zone for Employment and Economic Development (ZEDE), or an economic development zone intended to generate economic growth and thus help take Honduras out of poverty. As such, Próspera is relieved from many a burden of the national government and has its own power to tax and regulate. It is, one could say, its own “city state” or a second system within the country. And it is run based on a libertarian philosophy of private property and free markets. ..."

Visiting the Free City of Próspera | Mises Institute

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