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Tag Archives: Hernando
Liberalized Capital Markets and Poverty
There seems to be a great deal of misconceptions in regards to what market liberalization is, to how Capitalism can foster economic growth in any given country and the case of globalism in the Third World. As a result, many have unconvincingly and incorrectly attributed greater impoverishment to the liberalization of capital markets. Continue reading
Why Capitalism Has Failed in the Third World
Hernando de Soto presents the solution to solving poverty in the Third World. The answer lies in private property rights, which he shows are virtually non-existent in countries suffering from severe economic woes. Continue reading