I've been reading The Mystery of Capital by Hernando de Soto... totally mind-blowing. In first 50 pages, he explains why capitalism doesn't work very well in the developing world, and also how it CAN work with legal reform. Makes a lot of sense..
Hernando de Soto is the founder of the Institute for Liberty & Democracy, a non-profit based in Lima, Peru that is reforming legal frameworks to empower the poor and provide new economic opportunities.
Dude Rocks...
gonna hear him in person at the Milken Institute conference
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