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July 7, 2021

What is the mystery of capital?

General Questions

Forthis assignment, please read The Mysteryof Capital by Hernando de Soto. Afterreading this book, write an essay which explains or answers the following:

1. What is the mysteryof capital?

2. In finance,another word for money is capital. According to de Soto, is money capital and why?

3. U.S. SupremeCourt Justice Oliver Wendell Holmes once said, The life of the law has notbeen logic; it has been experience. What does this mean in the context of U.S. history and property law?

4. In what waysdoes an understanding of The Mystery ofCapital parallel an understanding of economic freedom? (find more abouteconomic freedom here: )

5. After readingThe Mystery of Capital, can youdescribe a fourth pillar of economic growth? (The first three are capitalgrowth, technology growth, and education, chapter 7 material)

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