Who We Are
The Hispanic American Center for Economic Research is a 501(c)(3) organization that is supported entirely through gifts from individuals, philanthropic foundations, and corporations. Its goal is to promote the study of issues pertinent to the countries of Hispanic America as well as Hispanic Americans living in the United States, especially as they relate to the values of personal and economic liberty, limited government under the rule of law, and individual responsibility. HACER does this by both generating and supporting independent research.
HACER recognizes the rapid growth of the U.S. Hispanic population as one of the most important demographic trends of our era. Spanish-speaking America is already the world’s fifth-largest Hispanic nation and it’s projected to expand by 75 percent by 2015. This community umbrellas individuals of diverse ethnic origins, united by a shared language. Despite their substantial and growing numbers, Hispanics in the U.S. are frequently under-represented in public debates. Moreover, when they are heard, their “leadership” too often speaks in the language of victimization that has become common of ethnic minorities in America. HACER feels that most Hispanics in the U.S. are more sympathetic to the worldview that highlights the virtues of individual responsibility, traditional values, and entrepreneurship.
Similarly, while several of the countries of Hispanic America have taken leading roles in advancing the cause of economic liberty, the challenge in South America, Central America, and Mexico are equally great. Lacking traditions that consistently uphold the rule of law, the free society remains a work-in-progress throughout the Spanish-speaking countries of the Western hemisphere.
While there are a number of important Latin American research institutes sympathetic to the cause of liberty and free markets, none has traditionally taken a “regional” – as opposed to a country-specific – perspective to these issues. HACER was founded to fill this vacuum by studying common problems faced in different countries, thereby creating important dialogue across national borders about best practices, ongoing challenges, and other lessons learned.
The Hispanic American Center for Economic Research was established as a not-for-profit corporation, under the laws of the Commonwealth of Virginia, in 1996.