Hernando De Soto - Capitalism at Crossroads

See here.

-Jon

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Good vid.

Great video, very insightful.

I think rich people in developed country who believed in socialism are more dangerous to capitalism than masses of poor people.

Great video, thanks for posting. Does anyone know more about Hernando de Soto’s economic beliefs. I’ve heard his name many times and I know he’s squarely in the pro-market camp, but would he be properly described as a moneterist?

He has written a book called The Mystery of Capital about property rights in third world slums, and how crushing bureaucracy prevents the rise of capitalist enterprise. (It takes about a year worth of labor to register a business in Haiti, for example.)