Question
For this assignment, please read The Mystery of Capital by Hernando de Soto. After reading this book, write an essay which explains or answers the
For this assignment, please read The Mystery of Capital by Hernando de Soto. After reading this book, write an essay which explains or answers the following: 1. What is the mystery of capital? 2. In finance, another word for money is capital. According to de Soto, is money capital and why? 3. U.S. Supreme Court Justice Oliver Wendell Holmes once said, "The life of the law has not been logic; it has been experience." What does this mean in the context of U.S. history and property law? 4. In what ways does an understanding of The Mystery of Capital parallel an understanding of economic freedom? (find more about economic freedom here: http://www.freetheworld.com/) 5. After reading The Mystery of Capital, can you describe a fourth pillar of economic growth? (The first three are capital growth, technology growth, and education, chapter 7 material)
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