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

In this documentary, CBC News' Brian Stewart meets Hernando de Soto, an economist from Peru who became famous interpreting the destructiveness of shadow economies in the developing world. In his book, The Mystery of Capital, de Soto explains how an absence of property rights leads to poverty in...

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Bibliographic Details
Main Author: Soto, Hernando de
Format: Book
Language:English
Published: New York Basic Book A Member of the Perseus Books Group 2000
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100 |a Soto, Hernando de  |9 1289 
245 |a The Mystery Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else 
260 |a New York  |b Basic Book A Member of the Perseus Books Group  |c 2000 
300 |a vi, 275 p.  
520 |a In this documentary, CBC News' Brian Stewart meets Hernando de Soto, an economist from Peru who became famous interpreting the destructiveness of shadow economies in the developing world. In his book, The Mystery of Capital, de Soto explains how an absence of property rights leads to poverty in developing countries. People who can't show ownership in anything are condemned to live in illegal shadow economies. The largest shadow economy of all was here in the West, in Wall Street and the banking system-in hundreds of trillions of dollars of unregulated financial transactions, which might yet cause massive banking collapse in the world? 
650 |a Capitalism  |9 1290 
650 |a Economic Development  |9 1236 
650 |a International Finance  |9 1112