Tag Archives: Informal market

Book Review- Hernando De Soto’s The Other Path

In Hernando De Soto’s book, The Other Path, he argues that a leading cause of Peru’s economic and terrorist problems stem from the difficulty of joining the formal market for things like transportation, forming a business, and even acquiring housing.  … Continue reading

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System D, and the importance of the relationship between Governments and Informal Markets

System D is the shadow, or informal market that is unregulated by governments.  The term, System D, comes from a French word that refers to the skill or ability to manage in any situation.  System D is a major economic … Continue reading

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