But we need a user’s manual for capitalism — one that somehow makes frighteningly evident the risks inherent in a lack of boundaries and that introduces an element of humility to the abilities we have to control and use information.

What causes some countries to prosper under capitalism while others fail? World renowned economist Hernando de Soto addresses this critical issue in his new book The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. De Soto persuasively argues that firmly recognized and legally enforceable...

Governments must recognize inalienable rights to political, economic, and culture participation to correct the problems in the areas commonly considered the global "Souths."

The real reason that Zimbabwe has collapsed is that there is no protection of private property. The result is "dead capital" and total economic annihilation.

Two events offer contrasting answers to the question of what causes some countries to prosper and others to fail.

While political reform is necessary for economic growth, it is not sufficient--only private property right enforcement adds sufficiency for growth.

Zimbabwe needs reinstatement of land rights and compensation to those robbed. Political reform isnecessary but not sufficient;private property rightsare crucialfor economic growth.

Book review of Culture Matters: How Values Shape Human Progress, edited by Lawrence E. Harrison and Samuel P. Huntington