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Hernando de Soto (economist)

Hernando de Soto (1941-) is a Peruvian economist known for his work on the informal economy and on the importance of property rights. He is the president of Peru's Institute for Liberty and Democracy (ILD), located in Lima.

Childhood and education

De Soto was born in 1941 in Arequipa, Peru. His father was a Peruvian diplomat. After the 1948 military coup in Peru, when de Soto was 7 years old his father was exiled to Europe, taking ...

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