For
this assignment, please read The Mystery
of Capital by Hernando de Soto. After
reading this book, write an essay which explains or answers the following:
1. What is the mystery
of capital?
2. In finance,
another word for money is capital.
According to de Soto, is money capital and why?
3. U.S. Supreme
Court Justice Oliver Wendell Holmes once said, “The life of the law has not
been logic; it has been experience.”
What does this mean in the context of U.S. history and property law?
4. In what ways
does an understanding of The Mystery of
Capital parallel an understanding of economic freedom? (find more about
economic freedom here: http://www.freetheworld.com/)
5. After reading
The Mystery of Capital, can you
describe a fourth pillar of economic growth? (The first three are capital
growth, technology growth, and education, chapter 7 material)
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