Hernando de Soto: Why Capitalism Works in the West, but Not Everywhere Else.

McAlvany Weekly Commentary

Rare is the economist who finds himself the target of terrorist bombings and assassination attempts, but Hernando de Soto is no ordinary economist. Beginning in his native Peru, de Soto has focused on a revolutionary concept that is having repercussions throughout the world’s poor countries: the lack of formal property rights as the source of […]

The post Hernando de Soto: Why Capitalism Works in the West, but Not Everywhere Else. appeared first on McAlvany Weekly Commentary.

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