He is also responsible for the creation and publication of Libertas and Campus Leader . Libertas reports current events affecting conservative students and Campus Leader is the Foundation's student newsletter. Ricardo joined the Foundation after spending two years as managing editor of the Cato Institute' s Regulation magazine.
Regulation studies the effects of government regulatory policy on businesses and individuals.
He worked on issues of Regulation that offered market-oriented suggestions for reforming environmental, banking, telecommunications, antitrust, trade, and labor regulations. Ricardo spent time abroad as an international election observer for the International Republican Institute. He covered the 1996 national elections held in his birth country, Nicaragua. As an observer, he traveled to the most rural areas of the country and worked closely with national democracy-education organizations in order to develop and strengthen political stability and infrastructure through the education of political parties and youth. He has also appeared on the Fox News Channel and been a repeat guest on ABC's Politically Incorrect with Bill Maher .