The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
ISBN-13:
9780465016150
ISBN-10:
0465016154
Edition:
Reprint
Author:
Hernando De Soto
Publication date:
2003
Publisher:
Basic Books
Format:
Paperback
288 pages
Category:
Development & Growth
,
Economics
,
Economic History
,
Free Enterprise & Capitalism
,
Theory
,
Economics
,
International Business
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Book details
ISBN-13:
9780465016150
ISBN-10:
0465016154
Edition:
Reprint
Author:
Hernando De Soto
Publication date:
2003
Publisher:
Basic Books
Format:
Paperback
288 pages
Category:
Development & Growth
,
Economics
,
Economic History
,
Free Enterprise & Capitalism
,
Theory
,
Economics
,
International Business
Summary
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (ISBN-13: 9780465016150 and ISBN-10: 0465016154), written by authors
Hernando De Soto, was published by Basic Books in 2003.
With an overall rating of 3.9 stars, it's a notable title among other
Development & Growth
(Economics, Economic History, Free Enterprise & Capitalism, Theory, Economics, International Business) books. You can easily purchase or rent The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (Paperback) from BooksRun,
along with many other new and used
Development & Growth
books
and textbooks.
And, if you're looking to sell your copy, our current buyback offer is $0.56.
Description
A renowned economist's classic book on capitalism in the developing world, showing how property rights are the key to overcoming poverty
"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail?
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 extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail?
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 extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
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