Reddit reviews The Other Path

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1 Reddit comment about The Other Path:

u/bridgeton_man · 2 pointsr/CapitalismVSocialism

Hernado De Soto (The swiss economist, not the 16th century spanish explorer).

His work examining the differences between the formal and informal economy is considered foundational by many institutional economists as far as describing the economic role of institutions (such as contracts and formal property rights), for the development of 1st-world capitalist market-economies and what an econ looks like with and without them.

Essentially his work explains WHY indicies like "rule of law" or 'economic freedom" or "corruption percpetion index" or "anti self-dealing index", ect have the explanitory power that they do.

Also, because he campaigned on this issue in Peru, the Shining Path (maoist guerrillas) tried to assasssinate him.

Interesting guy.

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EDIT: I found the amazon link to his work