Red in tooth, claw and tape
"ADAM SMITH visited a pin factory to discover how the wealth of nations was created. Hernando de Soto, a Peruvian economist, went one step further. In 1983 his team set up their own garments factory outside Lima to discover how the potential wealth of nations was obstructed and frustrated by bundles of red tape...
Show MoreRed in tooth, claw and tape
"ADAM SMITH visited a pin factory to discover how the wealth of nations was created. Hernando de Soto, a Peruvian economist, went one step further. In 1983 his team set up their own garments factory outside Lima to discover how the potential wealth of nations was obstructed and frustrated by bundles of red tape...
Show LessMore in Course Chunks from The Economist
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