Hernando de Soto

Seetha interviews Hernando de Soto:

You are perhaps the only economist who has been the target of bomb attacks.

That probably means I had a meaningful and very radical message. The Other Path provided very clear alternatives to the ultra-left Shining Path movement in Peru. The book was taken up as a motivational force by many groups. As more and more people used it to explain why it was a good idea to have economic freedom of a certain sort, the rebels found it more and more in their interest to bomb us. They said they were having trouble recruiting for their ranks. But it only made us much more visible and popular. It was not just an academic work; it was a book that had consequences. It was put in a political context – to give an alternative explanation for poverty and oppression – and it worked.

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