The Mystery Of Capital

By Hernando De Soto

Keith's Comments: In this important book, the author, a highly respected economist, reveals capitalism’s “secret sauce “ — private land ownership.  As important: an American-style transparent and honest system for recording and defending title facilitates the collateralization of land and buildings.  This, in turn, fuels an economy’s growth.  Many nations embrace the concept, but too few have perfected the system. A must read for those who wonder why some countries consistently fail to reach their full economic potential.

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