Wednesday July 15, 2015 | 11:00 a.m.
De Soto has a proposal to solve social conflicts that arise around mining projects: make communities and citizens owners of mining.
Wednesday July 15, 2015 | 11:00 a.m.
De Soto has a proposal to solve social conflicts that arise around mining projects: make communities and citizens owners of mining.
Hernando de Soto
Hasta ahora, los críticos de Piketty sólo han planteado objeciones técnicas a sus malabarismos con las cifras, pero no han impugnado su tesis política y apocalíptica, que es absolutamente incorrecta. Yo lo sé porque en los últimos años mis equipos de investigadores han realizado estudios de campo, explorando países donde campeaban la miseria, la violencia y la guerra, en pleno siglo XXI. Lo que descubrimos fue que lo que la gente realmente desea es más capital, no menos, y quieren que su capital sea real y no ficticio.
So far, Piketty’s critics have offered only technical objections to his number crunching without contesting his apocalyptic political thesis, which is clearly wrong. I know this because over the last years my teams conducted research in the field exploring countries where misery, violence and wars are rampant in the 21st century. What we discovered was that most people actually want more rather than less capital, and they want their capital to be real and not fictitious.
Domingo 05 de Julio del 2015 | 09:33 AM
Hernando de Soto, presidente del ILD, expresa su preocupación por la polarización generada entre minería y agricultura. El sendero De Soto. El economista dice que los ex senderistas que lo buscaron le dijeron: “Ha habido Sendero, el otro Sendero y ahora queremos el nuevo Sendero”.
De Soto, an advisor to 20 nations on economic policy and president of the Institute of Liberty and Democracy, basically lays out the fundamental reason capitalism works, where it works and why it has never rooted in "the other" countries that are home to 4 billion people. He offers recommendations about how to unlock the potential of those people.
June 25, 2015 12:00 PM
SAN FRANCISCO--(BUSINESS WIRE)--BitFury Group, the leading Bitcoin Blockchain infrastructure provider and transaction processing company added Dr. James Newsome, ex-Chairman of the Commodity Futures Trading Commission (CFTC) and former CEO of the New York Mercantile Exchange (NYMEX) and Hernando de Soto, the President of the Institute for Liberty and Democracy (ILD), to its advisory board.
Hernando de Soto Polar, a Peruvian economist known for his work on the informal economy and on the importance of business and property rights, in his book El Otro Sendero (1986) (published in English in 1989 as The Other Path) argues that excessive regulation in the Peruvian (and other Latin American) countries forced a large part of the economies into informality and thus stifling economic development.
Thomas Pikettys ”Kapitalet i det tjugoförsta århundradet” har väckt uppmärksamhet över hela världen inte för dess korståg mot ojämlikhet – många av oss ägnar sig åt det – utan på grund av dess centrala tes, som bygger på hans tolkning av 18- och 1900-talen: att kapitalet ”mekaniskt producerar godtyckliga, ohållbara ojämlikheter”, som oundvikligen leder världen till fattigdom, våld och krig – något som kommer att fortsätta under detta århundrade.
Posted by B Holmes on 19 June 2015
In 2000, revered Peruvian economist Hernando De Soto published The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, a study on the relationship between poverty and property rights. In the book De Soto claims approximately $9 trillion is tied up in land, homes and businesses belonging to people who do not have deeds or titles.
Peter Kirby, CEO and founder of Factom, draws inspiration from De Soto and endeavours to make an impact in the land title arena. “Land Title corruption is a very common problem in the developing world and a immutable ledger solution could help these economies move forward dramatically.”
According to the USAid and Tenure website approximately 80% of privately held land in Honduras is untitled or improperly titled. “Only 14% of Hondurans legally occupy properties and, of the properties held legally, only 30% are registered.” The ongoing land title disputes in Honduras have lead to violence, environmental abuse, and the displacement of indigenous people.
Whilst the books by inequality gurus Piketty and Atkinson are selling by the millions, less attention is paid to an arguably more important work on global inequality. Peruvian economist Hernando de Soto does something which most economists seem to dislike: he gets his hands dirty by actually visiting the countries that he studies.
Torturing
Instead of torturing the data on income or wealth until they finally admit to be unfair, De Soto simply travels to Egypt and ask the people themselves. Not a bad idea, because it becomes clear, pretty much immediately, that the data on capital that Piketty and Atkinson use are completely irrelevant for the developing world.
Developing countries
As an inhabitant of a (relative to Western countries) poor country himself, De Soto knows very well that official statistics on capital don’t sketch an honest picture. Extrapolating official or Western data is just meaningless. If you want to know what is going on in those countries you got to go there. And when you do, as De Soto did, you will find out that capital works fundamentally different in Egypt than in – say – France.
By Richard Branson 16 June 2015
Some of the greatest discoveries, innovations and inventions have come about by chance encounters. But they wouldn’t have happened if the environment to stimulate chance encounters wasn’t created.
That is the thinking behind bringing so many fascinating entrepreneurial minds to Necker, and nurturing an environment of collaboration, discussion and excitement.
We recently hosted the Blockchain Summit, a four-day gathering of digital innovators that was organised by the team behind the MaiTai gatherings. It was fascinating debating new developments in the industry and mapping out what the future holds.
Bush tells me about Hernando de Soto, the Peruvian economist who specializes in the so-called informal economy (removed from taxes and government oversight). The economist documented frustrations of entrepreneurs across the globe whose innovations are crushed by crony capitalism and government monopolies, including a Tunisian man who in 2013 set himself afire in protest. “We’re not Tunisia by any stretch of the imagination,” Bush says, but “we’re getting more and more complicated.”
Der Star-Ökonom Thomas Piketty hat die Kapitalismuskritik weltweit befeuert – aber leider mit falschen Zahlen. Ein Fachkollege rechnet ihm vor, wie Armut wirklich schwindet.
Von Hernando de Soto 07.06.15
Mit seinem Buch "Das Kapital im 21. Jahrhundert" hat Thomas Piketty weltweit Aufmerksamkeit erregt. Nicht, weil er darin gegen Ungleichheit zu Felde zieht – das tun viele von uns –, sondern wegen dessen zentraler These, die auf seiner Analyse des 19. und 20. Jahrhunderts beruht: Kapital produziere "automatisch willkürliche und unhaltbare Ungleichheiten", die unweigerlich Armut, Gewalt und Kriege zur Folge hätten – auch im aktuellen Jahrhundert noch.
4 June 2015
By Michael Matheson Miller
One of the governing narratives about poverty is that the world's poor are dominated by markets and that justice requires they be protected from competition and the ups and downs of a market economy. This is widely promoted by everyone from development professionals to religious leaders, but this perhaps one of clearest cases of getting something almost entirely wrong. The poor are not dominated by markets. They are excluded from markets.