Saturday 12 May 2012
For the past fifteen years, the records of Western capitalism have been debased, leaving governments without the facts to spot what needs to be fixed and for businesses to know what their risks are. To regain its vitality, Western capitalism must bring under the rule of law and public memory hundreds of trillions of dollars now swirling mindlessly out of control in the obscure world of financial innovation. That task requires major political leadership. Hernando de Soto ☀
