Sunday, May 09, 2004
THE SOLUTION THE THIRD WORLD POVERTY: PROPERTY RIGHTS Thanks to Stephen Pollard for the link here is great piece on Hernando de Soto:
So, my congratulations to Hernando de Soto. Here is capitalism
as a noble ideal that will lift countless millions, rather than the
parody of corporate greed we see from Enron and related betrayals
of the law-abiding, trade enhancing ideal of the company. A market
stall trader on a street corner in La Paz is the blood brother of a
Carrefour or Marks & Spencer employee.
Read all of it. In fact read of all the book too. Simply marvellous, one of the most enjoying and stimulating books I've ever read. De Soto's work should be the cornerstone of overseas development strategies.
So, my congratulations to Hernando de Soto. Here is capitalism
as a noble ideal that will lift countless millions, rather than the
parody of corporate greed we see from Enron and related betrayals
of the law-abiding, trade enhancing ideal of the company. A market
stall trader on a street corner in La Paz is the blood brother of a
Carrefour or Marks & Spencer employee.
Read all of it. In fact read of all the book too. Simply marvellous, one of the most enjoying and stimulating books I've ever read. De Soto's work should be the cornerstone of overseas development strategies.
