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To: Jim Robinson; gonzo
I felt like Jesse Jackson for a minute there, Jim, (rhyming, too!). Think it'll keep me out of jail, too?

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Gonzo: you motoring fool, this one's for you! How'r you and the Matta Momma?
12 posted on 09/03/2002 9:47:53 PM PDT by nicollo
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To: nicollo; Jim Robinson
I recently recieved my copy of this book that I ordered some months back. As some may recall, the PBS series Commanding Hieghts which analyzed the conquest of the Hayek view of world economics featured De Soto discussing the missing ingrediant to successful capitalism in Peru...his home base as I recall.

While the writing in the article is interesting, it makes the book appear less serious and thoughtful than it really is. I have just started my reading so I will post something later on about my full impressions.

It appears, however, that De Soto makes clear that an economic system, alone, will not be sufficient to make a society properous...you must have the Rule of Law and a firm Defense from Arbitrary Power. In other words, Whiggish tradition as exemplified in Anglo-American success copied in some of Western civilizations but not others. Prescriptive Property Rights being the foundation of how such a Whiggish system relates to Capitalism's ability to harness broad based participation legitamacy.

17 posted on 09/04/2002 8:11:39 AM PDT by KC Burke
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