From: Phillip Gawlowski <cmdjackryan@...>
Date: 2008-05-17T01:58:05+09:00
Subject: Re: 7 Ruby Programming ebook

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Dave Thomas wrote:

| It hurts countries internally, too. Without effective property rights,
| it's very hard for people to raise capital (as you can't use assets as
| collateral). And without an efficient capital market, two things happen.
| First, economic progress is slowed dramatically, as no one wants to
| invest. Second, much of the economy moves underground, which in the long
| term builds crime and hinders mobility. de Soto's book is a fascinating
| read.

Yep. And there is no easy way out of that vicious circle, either.

- --
Phillip Gawlowski
Twitter: twitter.com/cynicalryan
Blog: http://justarubyist.blogspot.com

Youth is a period of missed opportunities without the glory of knowing what
~ was missed.
~ -- Cyril Connolly, "Journal and Memoir" 1983
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