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Hernando de Soto: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else


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"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.

Damian Baxter is very, very rich - and he's dying. He lives alone in a big house in Surrey, looked after by a chauffeur, butler, cook and housemaid. He has but one concern: who should inherit his fortune...PAST IMPERFECT is the story of a quest. Damian Barker wishes to know if he has a living heir. By the time he married in his late thirties he was sterile (the result of adult mumps), but what about before that unfortunate illness? He was not a virgin. Had he sired a child? A letter from a girlfriend from these Companion to Narnia: A Complete Guide to the Magical World of C.S. Lewis's the "Chronicles of Narnia" free download pdf times suggests he did. But the letter is anonymous. Damian contacts someone he knew from their days at university. He gives him a list of girls he slept with and sets him a task: find his heir... - the Shinto shrine 'Seidel grips the twentieth century between his teeth like a blade as he speaks. He is one of the more formidable poets of the last third of the century' - Calvin Bedient, "Poetry". 'He is scary, but funny, but scary. You would have go back to confessional masters like Lowell and Berryman to find poetry as daringly self-revealing, as risky and compelling, as the best of Frederick Seidel's' - Adam Kirsch, "The New York Sun". 'The moral thrills of his poetry can be as daunting as the moral spills, the cruel intelligence of glamour as alluring as the mystical stillness that is somewhere also at the heart of his poetry' - Adam Phillips, "Raritan". 'The poems in "Ooga-Booga" are the richest yet and read like no one else's: they're surreal, utterly unpretentious, and suffused with the peculiar American loneliness of Raymond Chandler. While I can think of a more likable book of poems, I can scarcely imagine a better one' - Alex Halberstadt, "New York" magazine. '"Ooga-Booga" is as beguiling and magisterial as anything Seidel has written.


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Author: Hernando de Soto
Number of Pages: 288 pages
Published Date: 01 Aug 2003
Publisher: The Perseus Books Group
Publication Country: New York, United States
Language: English
ISBN: 9780465016150
Download Link: Click Here
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