Hernando De Soto
Books by Hernando De Soto
The Other Path
by Hernando De Soto
De Soto thinks we should conceptualise Third World countries, and especially Latin America, as dual societies. There is a European elite at the top who participate in one economy, a formal economy, and then there is an indigenous group underneath, who have an informal economy. He argues that they are not doing anything wrong – but they are outside the law and that has tremendously negative consequences for them.
The Mystery of Capital
by Hernando De Soto
Why does capitalism triumph in the West but fail almost everywhere else? Elegantly and with clarity de Soto revolutionises our understanding of what capital is and why it does not benefit five- sixths of mankind. He also proposes a solution: enabling the poor to turn the vast assets they possess into wealth.
Interviews where books by Hernando De Soto were recommended
The best books on Failed States, recommended by Clare Lockhart
The director of The Institute for State Effectiveness, Clare Lockhart, questions the role of the state and discusses the effects of failed states on both neighbouring and local populations. She picks the best books on failed states.
David Frum recommends five Pioneering Conservative Books
The CNN columnist and former speechwriter for George W Bush, David Frum, recommends five conservative books that transformed the way we think about fundamental problems.
