In his great book‚ The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (1941‚ 2000)‚ Hernando de Soto said‚ “Much of the marginalization of the poor in developing and former communist nations comes from their inability to benefit from the six effect that property provides.” They are: (1) fixing the economic potential of assets‚ (2) integrating dispersed information into one system‚ (3) making people accountable‚ (4) making assets fungibles‚ (5) networking people
Premium Poverty Jeffrey Sachs Poverty trap
Hernando de Soto was born in 1496 in Spain and died on May 21‚ 1542 in de Soto County‚ Mississippi.. He was a Spanish Explorer. His mission was to conquer and settle in the unknown territories. He participated in the conquest of Panama and took a role with the Spanish in the conquered of Peru. He lead the largest expedition that would later become the Southeast United States and the Midwest United States. He was made Governor of Cuba by Charles V. He lead an expedition from Spain to
Free United States Native Americans in the United States Mississippi River
The Mystery of Capital Book Review Published in 2000‚ Hernando De Soto’s book The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else provides insight on the use of issuing property rights and breaking down bureaucracy as a tool to reduce poverty globally. The book
Premium Capitalism Economics Karl Marx
Have you ever wondered how the states that Lewis and Clark did not find‚ were found? Hernando de Soto found‚ and explored Florida. Hernando de Soto was part of a Spanish scouting party. He and his “brothers” as he would call them‚ looked for the sign of danger.They had found Florida‚ or what they called La Florida. The people were members of an expedition led by Hernando himself. Hernando and his men were attacking Indians left and right‚ and one hero called out to them in their language. This man
Premium United States Christopher Columbus Native Americans in the United States
Hernando de Soto was born in Jerez de los Caballeros‚ Spain sometime around the year 1500. He was born to parents who lived in Extremadura‚ an area of great hardship and poverty. Like many young men at the time‚ de Soto longed to escape Extremadura and achieve military fame exploring new lands. In 1514‚ de Soto sailed with the Spanish governor of Panama where he assisted in the conquest of Central America. From an early age‚ de Soto gained a reputation for bravery‚ intellect‚ and brutality
Premium United States Indigenous peoples of the Americas Americas
1538‚ February Entry 1 I have been recruited by Hernando de Soto. This could finally be the job my family and I need. However‚ it is not the job that I had been hoping to claim. Nevertheless‚ my family needs the fortunes that we need to keep thriving. My recruiter‚ Hernando de Soto‚ does not have the best looks as his eyes discomfort me. I have high hopes for this expedition as we have well over 700 men‚ 10 ship‚ and enough food to last us through the harshest of winters. I will very much miss
Premium
know Hernando De Soto was the first to see the Mississippi river? De Soto was born in Spain. He might was born in the year 1496 or 1501. His real name is Fernando. In 1539 De Soto and his men went ashore at Tampa Bay Florida. He grew wealthy as a trader as a trader of Indian slaves. Hernando sailed for Spain. He started from Spain. He went to Tampa Bay. He discovers the Mississippi river. It ended when he was going back to the Mississippi river. His death is on May 21‚ 1542. De Soto joined
Premium United States Slavery Christopher Columbus
Hernando de Soto was a conquistador that lived in Spain in the 16th century. De Soto explored and helped conquer places like Peru‚ North America‚ and East Asia. Personal background Hernando de Soto was a 16th century explorer that was born 1500 a.d. in Jerez de los Caballeros‚ Spain and died on May 21st‚ 1542 in Ferriday‚ Louisiana. When de Soto was a child he wanted to be a lawyer but his father said he would much rather be an explorer. Hernando was invited by Pedro Arias Dávila on an expedition
Premium Mexico Peru Spanish colonization of the Americas
June‚ 1541 A bunch of Spanish soldiers knocked on my little hut’s door to tell me about Hernando de Soto’s new expedition to the place called La Florida to get riches beyond any others and hundreds of slaves. If I go‚ I could be able to move back in with you‚ have an adventure‚ and be able to pay for our food. I had no other option but to join the soldier. I walked on a bay where there was a tall man‚ compared to me‚ and he talked about the task of what we are about to do. He was very generous and
Premium Debut albums English-language films Antonio López de Santa Anna
Hernando de Soto was a Spanish explorer and conquistador. What he was trying to achieve was a source of wealth/gold‚ and establish a settlement. While De Soto’s journey of conquest was a failure‚ it was nevertheless historically significant. Hernando de Soto is famous for helping defeat the Inca empire in the New World and for leading the first European expedition to reach the Mississippi River. Hernando de Soto is to be remembered as a “ great explorer” but‚ also seen as a “destroyer of native
Premium United States Indigenous peoples of the Americas Christopher Columbus