The mystery of capital: why capitalism triumphs in the West and fails everywhere else
Affaires et économie, Économie
Audio avec voix humaine
Résumé
The author explains capitalism's failure in developing countries and offers a practical plan for transforming weak economies. Observing that citizens of these nations often lack registered titles to their property, he argues that governments must establish legally integrated systems of… ownership and markets to convert work and savings to capital and reward individual enterprise. 2000.