De Soto Quotes & Sayings

In Haiti, untitled rural and urban real estate holdings are together worth some 5.2 billion. To put that sum in context, it is four times the total of all the assets of all the legally operating companies in Haiti, nine times the value of all assets owned by the government, and 158 times the value of all foreign direct investment in Haiti's recorded history to 1995. — Hernando De Soto

academic literature. Major influences on my thinking include Douglass North, who won the Nobel Prize for Economics for his work on institutions; the pre-eminent economist of modern Africa, Paul Collier, author of The Bottom Billion and Plundered Planet; Hernando de Soto, the Peruvian economist and author of The Mystery of Capital; Andrei Shleifer and his numerous co-authors, who have pioneered an economic approach to the comparative study of legal systems; and Jim Robinson and Daron Acemoglu, whose book Why Nations Fail asks similar questions to the ones that interest me. — Niall Ferguson

In stark contrast with the views of the Greek philosophers and with those of the rest of western intellectuals to the present day, Chinese Taoist thought always defended individual liberty and laissez-faire while attacking the systematic and coercive use of violence typical of government. — Jesus Huerta De Soto

Europeans were always trying to stop the outflow. Hernando de Soto had to post guards to keep his men and women from defecting to Native societies. The Pilgrims so feared Indianization that they made it a crime for men to wear long hair. "People who did run away to the Indians might expect very extreme punishments, even up to the death penalty," Karen Kupperman tells us, if caught by whites.49 Nonetheless, right up to the end of independent Native nationhood in 1890, whites continued to defect, and whites who lived an Indian lifestyle, such as Daniel Boone, became cultural heroes in white society. — James W. Loewen

When history textbooks leave out the Arawaks, they offend Native Americans. When they omit the possibility of African and Phoenician precursors to Columbus, they offend African Americans. When they glamorize explorers such as de Soto just because they were white, our histories offend all people of color. When they leave out Las Casas, they omit an interesting idealist with whom we all might identify. When they glorify Columbus, our textbooks prod us toward identifying with the oppressor. When textbook authors omit the causes and process of European world domination, they offer us a history whose purpose must be to keep us unaware of the important questions. Perhaps worst of all, when textbooks paint simplistic portraits of a pious, heroic Columbus, they provide feel-good history that bores everyone. — James W. Loewen