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"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
(1890 - 1969)
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| | The Mystery of Capital:
Why Capitalism Triumphs in the West and Fails Everywhere Else
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| | by Hernando de Soto
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ZIN Product Number: 10123790
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| | | |  | | | Product Details
 Format: Hardcover, 288 pages
Publisher: Basic Books
ISBN: 0465016146
Release Date: Jan 12, 2002
Average Reader Review:   (Based on 2 reviews.)
| |  | | | From The Publisher
From the most important economist in the Third World, a revolutionary and practical plan for transforming underperforming economies — based on the forgotten history of how wealth was created in the West."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 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, but 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.
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 | | | | | Number of Reviews: 2 Average Rating:
Un excelente punto de vista 
-- Cesar E, Armoza, doctor from South America., April 29, 2002
A *must* read.
-- Robert Reese, December 21, 2001
| |  | | | The Word On The Street
. . . one of the few new and genuinely promising approaches to overcoming poverty to come along in a very long time.(Francis Fukuyama, author of The End of History and The Last Man) —Francis Fukuyama
Following on his extraordinary and highly original book The Other Path... this book, too, is another tour de force. (Jeane Kirkpatrick, Former U.S. Ambassador to the United Nations) —Jeane Kirkpatrick
This book changes our understanding of where capital comes from. The consequences could be world-shattering. (William F. Buckley Jr., Founder-Editor of the National Review) —William F. Buckley Jr.
For policy-makers, international investors, and those who care about the challenges of developing countries. . . —Senator Bill Bradley
A very great book...powerful and completely convincing. It will have a salutary effect on the views held on economic development. (Ronald Coase, Nobel Laureate in Economics) —Ronald Coase
Fresh thinking is rare - this book has the capacity to transform economies . . .. (Lord David Owen, Former Foreign Secretary of the United Kingdom, European Union Chairman of the International Conference on the Former Yugoslavia) —Lord David Owen
It should be compulsory reading for all in charge of the 'Wealth of Nations. (Lady Margaret Thatcher, Former Prime Minister of the United Kingdom) —Lady Margaret Thatcher
A crucial contribution. A new proposal for change that is valid for the whole world. (Javier Perez de Cuellar, Former Secretary of the United Nations) —Javier Perez de Cuellar
| |  | | | Chapter One: The Five Mysteries of Capital
Chapter Two: The Mystery of Missing Information
Chapter Three: The Mystery of Capital
Chapter Four: The Mystery of Political Awareness
Chapter Five: The Missing Lessons of U. S. History
Chapter Six: The Mystery of Legal Failure
Chapter Seven: By Way of Concluion
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| | | | | | Keywords
Capitalism, Child Psychology, Business / Economics / Finance, Business & Economics, Free Enterprise, International - Economics, Economics - Theory, Economics, Third World Development, International Economics & Business, U.S. Foreign Policy, Capitalism
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