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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Hernando De Soto. Show all posts
Showing posts with label Hernando De Soto. Show all posts
Tuesday, February 16, 2016

Quote of the day: Property Rights Provide Their Owners And The Things They Own With a Lot of Additional Value

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Property rights are a universal right enshrined in the US Constitution and the United Nations Charter. Indeed, it is in search of just such...
Monday, October 14, 2013

Phisix: Rising Systemic Debt Erodes the Margin of Safety

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Read Ben Graham and Phil Fisher, read annual reports, but don't do equations with Greek letters in them. - Warren Buffett During ca...
1 comment:
Wednesday, August 31, 2011

P-Noy’s Entourage is a Showcase of the Philippine Political Economy

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“ As a society, culturally we get what we celebrate ”, that’s how prolific Forbes nanotech analyst-writer Josh Wolfe describes the importanc...
2 comments:
Saturday, May 22, 2010

Hernando De Soto: Unclear Property Rights And Complex Rules Led To Market Crashes

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In a recent interview , the illustrious economist Hernando De Soto, author of The Mystery of Capital: Why Capitalism Triumphs in the Wes...
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