“If there are costs to becoming legal, there are also bound to be costs to remaining outside the law. We found that operating outside the world of legal work and business was surprisingly expensive. In Peru, for example, the cost… — Hernando de Soto Copy Share Image
“In Haiti, untitled rural and urban real estate holdings are together worth some 5.2 billion. To put that sum in context, it is four… — Hernando de Soto Copy Share Image
“If there are costs to becoming legal, there are also bound to be costs to remaining outside the law. We found that operating outside… — Hernando de Soto Copy Share Image
“Formal property’s contribution to mankind is not the protection of ownership; squatters, housing organizations, mafias, and even primitive tribes manage to protect their assets… — Hernando de Soto Copy Share Image
“The way law stays alive is by remaining in touch with social contracts pieced together among real people on the ground.” — Hernando de Soto Copy Share Image
