{"product_id":"the-mystery-of-capital-hernando-de-soto-9780465016150","title":"The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else","description":"\u003cb\u003eA renowned economist argues for the importance of property rights in \"the most intelligent book yet written about the current challenge of establishing capitalism in the developing world\" (\u003c\/b\u003e\u003ci\u003e\u003cb\u003eEconomist\u003c\/b\u003e\u003c\/i\u003e\u003cb\u003e)\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e \"The hour of capitalism's greatest triumph,\" writes Hernando de Soto, \"is, in the eyes of four-fifths of humanity, its hour of crisis.\" In \u003ci\u003eThe Mystery of Capital\u003c\/i\u003e, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? \u003cbr\u003e In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything 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 extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Hernando de Soto\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0465016154\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780465016150\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Basic Books\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/01\/2003\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 288\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.60lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 7.90h x 5.30w x 1.00d","brand":"Hernando de Soto","offers":[{"title":"Paperback","offer_id":44047756853503,"sku":"9780465016150","price":17.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_af8426dc-3c3b-4245-911c-9fcdcbad8ec1.jpg?v=1684992009","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-mystery-of-capital-hernando-de-soto-9780465016150","provider":"WR Book House","version":"1.0","type":"link"}