Property Rights and the Paradox of Power
8/26/2012 7:13:24 PM
By Joe Sigg, Arizona Farm BureauIn the past we have discussed “property rights” in terms of its importance in the creation of capital. In a defining book about the subject, “The Mystery of Capital” by Hernando de Soto, his thesis was that countries would be perpetually poor if they do not have three things: 1) respect for private property; 2) ...