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The poor against Piketty

By Hernando de Soto Thomas Piketty’s, Capital in the 21st 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 …

Daily News Egypt

The Secret to Reviving the Arab Spring’s Promise: Property Rights

By Hernando De Soto The protests that toppled governments were fueled by anger over the lack of a basic element in market economies Al Qaeda is resurgent in Mali, Algeria and beyond. Violent turmoil and anti-Western hostility are rising in the Middle East and North Africa. Two years after the Arab Spring, it would be easy …

Daily News Egypt

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