Re: BOOK: The Mystery of Capital

From: J. R. Molloy (jr@shasta.com)
Date: Thu Oct 25 2001 - 16:22:41 MDT


From: <hibbert@netcom.com>
> I think it's Egypt for which de Soto says that the poor own/control
> property worth something like one hundred times the total value of all
> foreign investment in that country over the last 100 years. But they can't
> get a mortgage, so it's "dead" capital.

Sounds like de Soto should have entitled his book, _The Mystery of Home Equity
Loans_.


--- --- --- --- ---

Useless hypotheses, etc.:
 consciousness, phlogiston, philosophy, vitalism, mind, free will, qualia,
analog computing, cultural relativism, GAC, Cyc, Eliza, cryonics, individual
uniqueness, ego, human values, scientific relinquishment

We move into a better future in proportion as science displaces superstition.



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