January 22, 1989 |
The Peruvian novelist, Mario Vargas Llosa, tells us in his introduction to Hernando de Soto's book that "economists occasionally tell better stories than novelists." He was being kind about De Soto's style, if not his content. "The Other Path," as most such works, makes for pretty dense reading, although at least it forsakes the higher flights of theoretical economics for solid, research-based analysis. But it is by any standards an important book.
November 19, 2000 |
Only in the last two or three years has doubt about the future of global capitalism become respectable. Until 1998, the experts and pundits who advise governments and shape public opinion on the state of the world economy were uniformly ragingly bullish. There might be some turmoil in Asian currency markets, but it was nothing much to worry about.
November 19, 1987 |
Legislation to create a national historic trail along the routes traveled by the Cherokees during their forced removal from North Carolina to Oklahoma was approved Wednesday by the House Interior Committee. The bill, cleared for floor action by a voice vote, would authorize the Interior Department to mark the water route used by 3,000 Cherokees in 1838 and the principal overland route used in 1838-9.
October 11, 2003
Re "A Role Model for Rape, Pillage, Plunder," Commentary, Oct. 6: To summarize Crispin Sartwell's eighth-grade essay on Hernando de Soto: He was treated as a hero in his own country. He led an expedition to invade another country and civilization based on unsubstantiated rumors of what he would find. The country was primitively armed relative to the state-of-the-art weapons his smaller but more effective warriors carried. He unleashed his war dogs, defeated the country, hunted down and killed or imprisoned its leaders, seized control of its resources, had himself and his deputies appointed as governors to run the country, kept searching in vain for the rumored prize of his invasion and conquest, ultimately failed and now can only look to revisionist history.
CALIFORNIA | LOCAL
July 12, 1987 |
An ancient copper coin found at the winter campsite of Spanish explorer Hernando De Soto may be the oldest European-minted coin ever found in North America, archeologists said last week. The coin, about 475 years old, was found less than a mile from Florida's Capitol in Tallahassee. Archeologists have been digging at the site since construction workers unearthed Indian and Spanish artifacts in March.
April 7, 2002
Re: "Amid Middle East Strife, a New Focus on Economies," James Flanigan, March 17: I hope you can give some "ink" to the solution proposed by Hernando de Soto, president of the Institute for Liberty and Democracy in Lima, Peru. In essence, his concept is to ultimately eliminate the need for foreign aid on the part of the U.S. There is so much potential for internal growth and capital creation in these areas. However, the legal processes in place make it virtually impossible for ordinary people in these countries to create and expand capital.