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Hernando de Soto

Hernando de Soto


Hernando de Soto is a Peruvian economist known for his work on the informal economy. He is founder and president of the Institute for Liberty and Democracy (ILD), headquartered in Lima, Peru. He has authored two works on economic development: The Other Path and The Mystery of Capital

Selected Publications:

  • The Mystery of Capital: Why Capitalism Succeeds in the West and Fails Everywhere Else (2000)
  • The Other Path (1989)

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    Last Updated: Aug 05, 2013

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