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But they hold these resources in defective forms: houses built on land whose ownership rights are not adequately recorded, unincorporated businesses with undefined liability, industries located where financiers and investors cannot see them. Because the rights to these possessions are not adequately documented, these assets cannot readily be turned
... See moreHernando De Soto • The Mystery of Capital
Realizing the centrality and power of law for coding capital has important implications for understanding the political economy of capitalism.
Katharina Pistor • The Code of Capital: How the Law Creates Wealth and Inequality
They will underline however tha... See more
Rakesh Bhandari • Tweet
Or, as Robert Pitofsky put it, we should always be concerned that “excessive concentration of economic power will breed antidemocratic political pressures.”
Tim Wu • The Curse of Bigness: Antitrust in the New Gilded Age
Most host states place serious restrictions on the right to work;
Paul Collier, Alexander Betts • Refuge
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