The Mystery of Capital

The Mystery of Capital
By:Hernando De Soto
Published on 2007-03-20 by Basic Books


|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 the question that, more than any other, is central to one of the most crucial problems 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 informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.

This Book was ranked at 20 by Google Books for keyword mystery.

Book ID of The Mystery of Capital's Books is ZKOal2aylpgC, Book which was written byHernando De Sotohave ETAG "K8+vy6kgdKk"

Book which was published by Basic Books since 2007-03-20 have ISBNs, ISBN 13 Code is 9780465004010 and ISBN 10 Code is 0465004016

Reading Mode in Text Status is true and Reading Mode in Image Status is true

Book which have "288 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by 6 Raters and have average rate at "4.5"

This eBook Maturity (Adult Book) status is NOT_MATURE

Book was written in en

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