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Thanks for the posting! His recent book (Mystery of Capital) was truly exceptional.

A unique paradox from the book is that countries like the Philippines are struggling because they have adopted a property system very close to what the United States has in modern times.

At this point, many of the countries common citizens find it much simpler to remain extra-legal, than to register goods and properties that they may indeed hold rightful claim over.



A video of the event is available through the IOP archives website.

The entire lecture is worthwhile (de Soto is an excellent presenter) but I found the descriptions of property rights he offers at the beginning of the lecture to be particularly enlightening.

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