Title
The Mystery Of Capital Why Capitalism Succeeds In The West And Fails Everywhere Else,New
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The hour of capitalism's greatest triumph,' writes Hernando de Soto, 'is, in the eyes of fourfifths of humanity, its hour of crisis.' In The Mystery of Capital, the worldfamous Peruvian economist takes up the question that, more than any other, is central to one of the most crucial problems the world faces today: Why do some countries succeed at capitalism while others fail?In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system, but in the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.
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This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the page count of this book? A: This book contains two hundred eighty-eight pages. It provides comprehensive insights into capitalism and property rights.
- Q: What are the dimensions of this book? A: The book measures six point twenty-six inches in length, one inch in width, and nine point five inches in height. Its size makes it easy to handle and read.
- Q: What type of binding does this book have? A: This book is bound in hardcover. Hardcover binding provides durability and a premium feel.
- Q: Who is the author of this book? A: The author of this book is Hernando de Soto. He is a renowned economist known for his work on property rights.
- Q: What genre does this book belong to? A: This book belongs to the Economics genre. It explores the dynamics of capitalism across different countries.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. It presents complex ideas in an accessible manner, making it easy to understand.
- Q: How does the author explain capitalism's success? A: The author explains capitalism's success through the lens of legal property rights. He argues that a formal legal framework is essential for economic growth.
- Q: Can I read this book if I am not familiar with economics? A: Yes, you can read this book without prior economics knowledge. It provides explanations that are easy to grasp for casual readers.
- Q: What themes are explored in this book? A: The book explores themes of capitalism, property rights, and economic development. It delves into why some nations succeed while others fail.
- Q: How should I store this book? A: You should store this book in a cool, dry place. Keeping it away from direct sunlight will help preserve its condition.
- Q: Is this book safe for young readers? A: Yes, this book is suitable for young readers interested in economics. It contains educational content appropriate for a general audience.
- Q: How do I clean this book if it gets dirty? A: To clean this book, gently wipe the cover with a soft, dry cloth. Avoid using liquids to prevent damage to the pages.
- Q: What should I do if the book arrives damaged? A: If the book arrives damaged, you should contact customer service for a replacement. Be sure to have your order details ready.
- Q: Are there any other books similar to this one? A: Yes, other books in the economics genre explore similar themes. Titles by authors like Thomas Piketty and Milton Friedman might interest you.
- Q: What if I don't understand some concepts in the book? A: If you don't understand some concepts, consider looking for supplementary materials or discussions online. Many resources can help clarify economic theories.
- Q: How can I get support if I have questions about this book? A: For support, you can reach out to the publisher or visit their website. They often provide additional resources for readers.