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  • The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The Global Award for Entrepreneurship Research is the most prominent international award in entrepreneurship research with a price sum of EUR 100,000. De Soto’s analyses have had tremendous influence on policy throughout the world and were a main source of inspiration for the World Bank’s Doing Business program. Read More
  • 2017 Award Winner

    2017 Award Winner

    Hernando de Soto Peru  Institute for Liberty and Democracy For developing a new understanding of the institutions that underpin the informal economy as well as the role of property rights and entrepreneurship in converting the informal economy into the formal sector.   Read More
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Hernando de Soto and his 1989 book, “The Other Path: The Invisible Revolution in the Third World.” It has sparked numerous free-market reforms in his native country and throughout Latin America.

One of his main points was that high taxes and a ridiculous number of regulations made it nearly impossible for the poor and middle class to start small businesses. It’s a lesson all countries need to keep learning.

 

Read more on the OC Register website

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