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  • How Bitcoin Will End World Poverty- Interview

    SINGER: Okay. The Institute for Liberty and Democracy in Peru, I really think Hernando de Soto should win the Nobel prize for the work he’s done. I hope he does. But he’s going around the world and identified one of the most powerful things to the economy and the creation of wealth. And that is the ownership of property. FORBES: Which you can then use as collateral.  Read More
  • Why Thomas Piketty is wrong about capital in the 21st century

    Thomas Piketty’s book Capital In The Twenty-First Century has attracted worldwide attention, not because he crusades against inequality –many of us do that– but because of its central thesis, based on his reading of the 19th and 20th centuries, that capital “mechanically produces arbitrary, unsustainable inequalities”, inevitably leading the world to misery, violence and wars and will continue to do so in this century. Read More
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ILD in the News

A medida que Estados Unidos entra en una nueva etapa de la guerra contra el terrorismo, se perderá su mejor oportunidad para derrotar al Estado Islámico y a otros grupos radicales en Medio Oriente si no emplea un arma crucial pero poco utilizada: una agenda enérgica de fortalecimiento económico. En este momento, solo escuchamos hablar de ataques aéreos y maniobras militares, lo que es previsible cuando se enfrenta a matones empeñados en producir el caos y la destrucción.

Os Estados Unidos estão se dirigindo rumo a um novo cenário da guerra ao terror e vão desperdiçar a melhor oportunidade de derrotar o Estado Islâmico e outros grupos radicais no Oriente Médio. Isso ocorrerá caso não utilizarem uma arma crucial e muito pouco aproveitada: uma agenda agressiva de empoderamento econômico. No momento, tudo que ouvimos são notícias sobre ataques aéreos e manobras militares—o que é previsível quando se confronta assassinos determinados a espalhar destruição e ruína.

February 24, 2014 - Lima, Peru — Sitting here listening to Hernando de Soto, I think, “How am I going to avoid describing him as a ‘force of nature’?” That is one of the laziest clichés. But de Soto is, I’m afraid, a force of nature. He seems to be thinking constantly, and the thoughts come out in great waves of speech. They are big thoughts and little thoughts, grand concepts and details. As he speaks, de Soto draws on huge reservoirs of reading and observation. He seems to remember everything he ever encountered. Sometimes, he will think for a minute or two, before releasing the waves of speech. This is unusual, in my experience — a long period of silence before the talking begins.

Inovadores de AmericaThe Innovadores de América movement has included Hernando de Soto among its icons and legends, considering him the "creator of revolutionary ideas to eradicate global poverty", in reference to the programs that he and the ILD designed to grant property rights to the poor and help them create capital, join legal markets, and thrive in them".

Office of Peruvian economist Hernando de Soto responds to Egyptian op-ed, defends benefits of formalisation in developing economies like Egypt

25 June 2014 - In an article published in El Shorouk on 3 June, 2014, Mr. Galal Ameen argues that the formalisation programs for Egypt championed by Hernando de Soto and the think tank he leads, the Institute for Liberty and Democracy (ILD), will not benefit the poor. According to Ameen, “the poor can never benefit from a credit system that sides with the major capitalists and proprietary classes no matter what deeds and documents proving their entitlements are registered.


Military might alone won’t defeat Islamic State and its ilk. The U.S. needs to promote economic empowerment

By Hernando de Soto,   Oct. 10, 2014

As the U.S. moves into a new theater of the war on terror, it will miss its best chance to beat back Islamic State and other radical groups in the Middle East if it doesn’t deploy a crucial but little-used weapon: an aggressive agenda for economic empowerment. Right now, all we hear about are airstrikes and military maneuvers—which is to be expected when facing down thugs bent on mayhem and destruction.

COSAS Una Revista InternacionalEn mayo de 2013, Hernando de Soto, probablemente el economista peruano más reconocido a nivel mundial, se reunió con los integrantes de la Comisión de Asuntos Exteriores del Congreso de Estados Unidos, presidida entonces por Madeleine Albright, para explicarles que existe un país que en una década logró vencer al terrorismo a partir del derecho de propiedad. Ese país, les explicó De Soto, se llama Perú. Hoy, señala que diversos representantes del gobierno estadounidense lo llaman para preguntarle cómo vencer al Estado Islámico  en Medio Oriente.

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