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Sunday, November 13, 2011

What is rhe REAL economy

http://www.fastcoexist.com/1678780/there-is-big-money-in-the-underground-economy

Very encouraging article. As De Soto in The Other Path pointed out, the real economy in Latin American countries is free and often underground. Government attempts to violate the rules of free trade only have the effect of hiding the true exchange of goods and services, not regulating it.

Over 10 trillion dollars per year in the underground economy worldwide.

1 comment:

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