30-Second Economics: The 50 Most Thought-Provoking Economic Theories, Each Explained in Half a Minute by Donald Marron

30-Second Economics: The 50 Most Thought-Provoking Economic Theories, Each Explained in Half a Minute by Donald Marron

Author:Donald Marron [Marron, Donald]
Language: eng
Format: azw3, epub
Publisher: Icon Books
Published: 2012-09-30T16:00:00+00:00


RELATED THEORY

FREE MARKET CAPITALISM

3-SECOND BIOGRAPHIES

HERNANDO DE SOTO

1941–

DOUGLAS NORTH

1920–

30-SECOND TEXT

Christakis Georgiou

“The ‘something momentous’ was that Americans and Europeans were on the verge of establishing widespread formal property law and inventing the conversion process in that law that allowed them to create capital. This was the moment when the West crossed the demarcation line that led to successful capitalism.”

HERNANDO DE SOTO

The rule of law helps to ensure that if a contract is signed, deals must be adhered to. So you want to buy a factory?



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