In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is what also allowed people everywhere to leverage property into wealth. This persuasive book revolutionizes our understanding of capital and points the way to a major transformation of the world economy.
Since the end of World War II, economists have tried to figure out how...
By the winner of the 1988 Nobel Prize in Economics, an essential and...
In the great tradition of moral argument about the nature of the econo...
The Green Festival is the quintessential event for the Green Economy. This book...
Marketplace
Close Window