BOOK RECOMMENDATION

From: Patrick S.
Sent on: Thursday, February 28, 2008 1:11 AM
...something that actually reduces poverty:

How did today���s prosperous nations create the embarrassment of riches that they now enjoy? No benign magician descended, �� la Jeffrey Sachs, on London or Washington to shower its inhabitants with money. Instead, the rich nations developed laws and freedoms that enabled people to take their futures into their own hands. As Peruvian economist Hernando de Soto has argued in The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, the world���s poorest countries remain poor in part because they lack legal protections���property rights foremost among them���that enable people in the West to tap the potential of ���dead��� capital and invest it in wealth-generating enterprises.
 
Regards,
Patrick 
Da mihi castitatem., sed noli modo

Never doubt that a small group of thoughtful, committed citizens canchange the world. Indeed, it's the only thing that ever has. - MMead




��Con Mascota por primera vez? - S�� un mejor Amigo
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