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AMERICAN UNIVERSITY LAw REVIEW
[Vol. 65:1
Of course, additional case studies are needed to determine whether other alleged tax havens have experienced similar historical interactions with more powerful taxing authorities. Finally, a theory of tax imperialism is likely to engage in fascinating ways with the so-called "Lucas paradox," or the observation that capital does not flow to less developed nations, as economic theory suggests that it should."' In particular, while the initial stages of tax imperialism might pave the way for capital to flow to developing nations, the U.S.-Puerto Rico case study reveals that, ultimately, more developed nations may have incentives in the modem global arena to prevent large accumulations of capital in the very tax havens they have created. Thus, a theory of tax imperialism is likely to reinforce the idea that tax laws play a critical role in redirecting the flow of capital globally, but they do so in ways that often privilege more immediate political and strategic ends over longer-term economic efficiency goals. CONCLUSION
In an influential essay entitled, How to Know the Puerto Ricans, Jestis Col6n explained: "l[t]he first thing we must realize is that the Puerto Ricans have been exploited for hundreds of years. That strangers have been knocking at the door of the Puerto Rican nation for centuries[,] always in search of something, to get something[,] or to take away something from Puerto Ricans.""' Because of this, "when you come to knock at the door of a Puerto Rican home you will be encountered by this feeling in the Puerto Rican-sometimes unconscious in himself-of having been taken for a ride for centuries."" Noted playwright Rena Marques delved even deeper into the national consciousness in his controversial book, The Docile Puerto Rican."' After thoroughly indicting American imperial policies, he turned his criticism inward, challenging the notion that Puerto Ricans insulate themselves through their distrust of others: "On confronting the North American, the Puerto Rican for his part sets in motion his colonial guilt complex. In order to tolerate his humiliating condition he has to find an excuse for it and admit that 483. See Robert E. Lucas, Jr., Why Doesn't Capital Flow from Rich to Poor Countries?, 80 AM. EcoN. REv. 92, 92-96 (1990) (hypothesizing that human capital reasons and political risk lead to the paradox where there is limited investment by rich economies in poor economies). 484. Jesus Col6n, How to Know the Puerto Ricans, in A PUERTO RICAN IN NEW YORK AND OTHER SKETCHES 147 (2002).
485. 486.
Id. at 148. RENE MARQUES, THE DOCILE PUERTO RICAN (1976).
