10 Lessons from the book The Mystery of Capital

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The past is many nations' present.

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The way law stays alive is by remaining in touch with social contracts pieced together among real people on the ground.

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an abundance of facts is not necessarily an abundance of knowledge.

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the problem was not people but the law, which was discouraging and preventing people from being more productive.

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If there are costs to becoming legal, there are also bound to be costs to remaining outside the law.

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In Haiti, untitled rural and urban real estate holdings are together worth some 5.2 billion.

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The inefficiencies of non-Western markets have a lot to do with the fragmentation of their property arrangements and the unavailability of standard representations.

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