Economist, founder of Instituto Libertad y Democracia


Hernando de Soto (economist) - Wikipedia, the free encyclopedia
"Hernando de Soto (born 1941; Arequipa) is a Peruvian economist known for his work on the informal economy. He is the director of Peru's Institute for Liberty and Democracy (ILD), located in Lima. ..."


1941, in Arequipa, Peru

Awards Received

2004 Milton Friedman Prize for Advancing Liberty, granted by Cato Institute, Milton Friedman Prize for Advancing Liberty, 1 Apr 2004
"Beginning in his native Peru, de Soto has focused on a revolutionary concept that is having repercussions throughout the world's poor countries: the lack of formal property rights as the source of poverty in poor countries. His decades of pioneering work, for presidents and in the streets on behalf of property rights for the poor, have led to global acclaim."


Founder, Instituto Libertad y Democracia


Trapped in the Basement of Global Capitalism, by Amity Shlaes, 4 Oct 2000
The lack of clear rights to private property in developing nations may be why they find it hard to transform their fortunes


Hernando De Soto, by Hernando de Soto Polar, Dario Fernandez-Morera, Reason
Securing Property Rights [PDF], by Hernando de Soto Polar, 1996
An interview with Hernando de Soto by the Center for International Private Enterprise
The Last Word: Hernando de Soto: Tapping the Poor's Riches, by Hernando de Soto Polar, Mac Margolis, Newsweek

Books Authored

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
    by Hernando de Soto Polar, 2000
Contents: The Five Mysteries of Capital - The Mystery of Missing Information - The Mystery of Capital - The Mystery of Political Awareness - The Missing Lessons of U.S. History - The Mystery of Legal Failure - By Way of Conclusion
Related Topic: Capitalism
The Other Path: The Economic Answer to Terrorism
    by Hernando de Soto Polar, 1989
Related Topic: Peru