Hernando de Soto
description: either a 16th-century Spanish explorer and conquistador or a modern Peruvian economist known for his work on property rights.
96 results
A Voyage Long and Strange: On the Trail of Vikings, Conquistadors, Lost Colonists, and Other Adventurers in Early America
by Tony Horwitz · 1 Jan 2008
, where he met members of the Spanish party that had recaptured the woman. The men were survivors of another major expedition, this one led by Hernando de Soto, who had set off from Florida at almost the same time Coronado left Mexico. Several years later, the paths of the conquistadors’ armies—one wandering
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errant are exempt from all jurisdictional authority . . . their law is their sword, their edicts their courage, their statutes their will. —Miguel de Cervantes, Don Quixote HERNANDO DE SOTO was a self-made conquistador, the first to spend more of his life in the New World than the Old. Born in Extremadura, the rugged
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built onto the frame of a school bus. The motorized vessel had a tall mast, captain’s wheel, and portholes, as well as “Crewe of Hernando de Soto” emblazoned on the side. “Come aboard!” the driver shouted, lowering a gangplank. Revelers crowded the deck, mostly bearded men wearing tights, bright pantaloons, and chrome
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. The conquistador didn’t make it to the end of his army’s trek. Nor, I decided, would I. Arcing over the Mississippi on the Hernando De Soto Bridge, I made an abbreviated tour of the army’s path in Arkansas before trying to find the site of De Soto’s demise. Its
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of explorers, and of the people and places they encountered, vary tremendously depending on language, translation, idiosyncratic spelling, and alphabet (or the lack of it). Hernando De Soto, on second reference, should properly be Soto, not De Soto. The ruler called Powhatan by the English was known to his own people as Wahunsenacawh
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, and Garcilaso, as well as other documents relating to De Soto’s life and expedition, are collected in The De Soto Chronicles: The Expedition of Hernando de Soto to North America in 1539–1543. This indispensable two-volume work includes essays by many of the leading experts on De Soto and Spanish conquest
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. For a cautionary deconstruction of the sources on De Soto, see The Hernando de Soto Expedition: History, Historiography, and “Discovery” in the Southeast, edited by Patricia Galloway. The best biography of the conquistador is David Ewing Duncan’s
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Hernando De Soto: A Savage Quest in the Americas. Duncan bridges popular and academic history, writing a biography that is carefully researched, balanced, and also a lively and
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of the book deals with De Soto’s life before his arrival in La Florida. Charles Hudson’s Knights of Spain, Warriors of the Sun: Hernando de Soto and the South’s Ancient Kingdoms focuses almost exclusively on the La Florida expedition, and is particularly strong on the native societies De Soto encountered
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. New York: HarperCollins Publishers Inc., 2003. Clayton, Lawrence A., Vernon James Knight Jr., and Edward C. Moore, editors. The De Soto Chronicles: The Expedition of Hernando de Soto to North America in 1539–1543, two vols. Tuscaloosa: The University of Alabama Press, 1993. Columbus, Christopher. The Log of Christopher Columbus. Translated by Robert
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, 1963. Donegan, Kathleen M. “Seasons of Misery: Catastrophe and the Writing of Settlement in Colonial America.” Ph.D. dissertation, Yale University, 2006. Duncan, David Ewing. Hernando de Soto: A Savage Quest in the Americas. Norman: University of Oklahoma Press, 1996. Elliot, J. H. Empires of the Atlantic World: Britain and Spain in America
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. Estabrook, Arthur H., and Ivan E. McDougle. Mongrel Virginians: The Win Tribe. Baltimore: The Williams & Wilkins Co., 1926. Ewen, Charles R., and John H. Hann. Hernando de Soto among the Apalachee. Gainesville: University Press of Florida, 1998. Fernández-Armésto, Felipe. Columbus. Oxford: Oxford University Press, 1991. ———. Pathfinders: A Global History of Exploration. New
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B. Fraser, 1956. Fuentes, Carlos. The Buried Mirror: Reflections on Spain and the New World. New York: Houghton Mifflin Co., 1992. Galloway, Patricia, editor. The Hernando de Soto Expedition: History, Historiography, and “Discovery” in the Southeast. Lincoln: University of Nebraska Press, 1997. Goetzmann, William H., and Glyndwr Williams, editors. The Atlas of North
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. Toronto: Prospero, 2000. Hreinsson, Viar, editor. The Complete Sagas of Icelanders. Reykjavik: Leifur Eiriksson Publishing, 1997. Hudson, Charles. Knights of Spain, Warriors of the Sun: Hernando de Soto and the South’s Ancient Chiefdoms. Athens: University of Georgia Press, 1997. ———. The Juan Pardo Expeditions. Tuscaloosa: The University of Alabama Press, 1990. ———. The Southeastern
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Fight: Dominicans, Haitians, and the Struggle for Hispaniola. New York: Hill and Wang, 1999. Young, Gloria A., and Michael P. Hoffman, editors. The Expedition of Hernando de Soto West of the Mississippi, 1541–1543. Fayetteville: The University of Arkansas Press, 1993. ACKNOWLEDGMENTS Like the explorers in this book, I would have been lost
Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World
by Don Tapscott and Alex Tapscott · 9 May 2016 · 515pp · 126,820 words
that “it’s all about the blockchain.” “A masterpiece. Gracefully dissects the potential of blockchain technology to take on today’s most pressing global challenges.” —Hernando De Soto, Economist and President, Institute for Liberty and Democracy, Peru “The blockchain is to trust as the Internet is to information. Like the original Internet, blockchain
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Deegan, CTO, Personal BlackBox Primavera De Filippi, Permanent Researcher, CNRS and Faculty Associate at the Berkman Center for Internet and Society at Harvard Law School Hernando de Soto, President, Institute for Liberty and Democracy Peronet Despeignes, Special Ops, Augur Jacob Dienelt, Blockchain Architect and CFO, itBit and Factom Joel Dietz, Swarm Corp Helen
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, or sell the property and they can be expropriated—all serious impediments to prosperity. Peruvian economist and president of the Institute for Liberty and Democracy Hernando de Soto, one of the world’s foremost economic minds, suggests that as many as five billion people in the world are barred from participating fully in
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too late. “How can you have anything work, from the police force to a monetary system, if you don’t have numbers and locations?” pondered Hernando de Soto.7 Regulators are still trying to manage this machine with rules devised for the industrial age. In New York State, money transmission laws date back
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-tuned, for example. In the Global South, entrepreneurs would rather the government not know they exist. We need to make identity a profitable proposition,” said Hernando de Soto. For now, staying in the shadows frees these entrepreneurs from meddlesome and corrupt officials, but it also profoundly limits their ability to grow their business
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of the world, cell phone penetration and Internet connectivity are becoming commoditized. SAFE AS HOUSES? THE ROAD TO ASSET OWNERSHIP Land title registration is what Hernando de Soto referred to as a nonmarketed transaction, an economic exchange generally involving a local government. Nonmarketed transaction costs include the resources wasted by waiting in line
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civilian populations, and imprisoning protesters at mega public events like the Olympics.13 That’s the wrong response to turmoil, according to renowned Peruvian economist Hernando de Soto. “The Arab Spring was essentially and still is an entrepreneurial revolution, people who have been expropriated,” said de Soto. “Basically, it’s a huge rebellion
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here? Will the blockchain be the biggest boon to industry efficiency and value since the invention of double-entry accounting or the joint-stock corporation? Hernando de Soto said blockchain holds the potential to bring five billion people into the global economy, change the relationship between the state and citizens (for the better
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30, 2015. 28. Luigi Marco Bassani, “Life, Liberty and . . . : Jefferson on Property Rights,” Journal of Libertarian Studies 18(1) (Winter 2004): 58. 29. Interview with Hernando de Soto, November 27, 2015. 30. Ibid. 31. www.theguardian.com/music/2013/feb/24/napster-music-free-file-sharing, accessed August 12, 2015. 32. www.inc
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-public-back-in-public-finance.html. 5. www.worldbank.org/en/topic/poverty/overview. 6. http://hbswk.hbs.edu/item/6729.html. 7. Interview with Hernando de Soto, November 27, 2015. 8. http://corporate.westernunion.com/About_Us.html. 9. Interview with Erik Voorhees, June 16, 2015. 10. Paul A. David, “The Dynamo
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/articles/endangered-species-young-u-s-entrepreneurs-1420246116. 13. World Bank Group, Doing Business, www.doingbusiness.org/data/exploretopics/starting-a-business. 14. Interview with Hernando de Soto, November 27, 2015. 15. www.tamimi.com/en/magazine/law-update/section-6/june-4/dishonoured-cheques-in-the-uae-a-criminal-law-perspective.html
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Publishing Partnership, 2014), 1. 26. E-mail correspondence with Joe Lubin, August 6, 2015. 27. Interview with Joyce Kim, June 12, 2015. 28. Interview with Hernando de Soto, November 27, 2015. 29. Interview with Haluk Kulin, June 9, 2015. 30. E-mail correspondence with Joe Lubin, August 6, 2015. 31. Interview with Balaji
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Foreign Trade Barriers,” USTR.gov, April 1, 2015; https://ustr.gov/sites/default/files/files/reports/2015/NTE/2015%20NTE%20Honduras.pdf. 63. Interview with Hernando de Soto, November 27, 2015. 64. http://in.reuters.com/article/2015/05/15/usa-honduras-technology-idINKBN0O01V720150515. 65. Interview with Kausik Rajgopal, August 10, 2015. 66
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-2013-12#ixzz3kQqSap00. 13. Human Rights Watch, “World Report 2015: Events of 2014,” www.hrw.org/sites/default/files/wr2015_web.pdf. 14. Interview with Hernando de Soto, November 27, 2015. 15. Seymour Martin Lipset, Political Man: The Social Bases of Politics, 2nd ed. (London: Heinemann, 1983), 64. 16. Interview with
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Hernando de Soto, November 27, 2015. 17. Hernando de Soto, “The Capitalist Cure for Terrorism,” The Wall Street Journal, October 10, 2014; www.wsj.com/articles/the-capitalist-cure-for-terrorism-1412973796, accessed November
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27, 2015. 18. Interview with Hernando de Soto, November 27, 2015. 19. Interview with Carlos Moreira, September 3, 2015. 20. Melanie Swan, Blockchain: Blueprint for a New Economy (Sebastopol, Calif.: O’Reilly Media
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nine billion billion grains of rice—enough to cover all of Earth. 74. E-mail interview with Timothy Draper, August 3, 2015. 75. Interview with Hernando de Soto, November 27, 2015. INDEX The page numbers in this index refer to the printed version of this book. The link provided will take you to
1491
by Charles C. Mann · 8 Aug 2005 · 666pp · 189,883 words
is also due to the growing realization of how much is at stake. Frequently Asked Questions NOT ENOUGH FOR YANKEE STADIUM On May 30, 1539, Hernando De Soto landed his private army near Tampa Bay in Florida. De Soto was a novel figure: half warrior, half venture capitalist. He grew very rich very
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them available for hunting in the prairie a couple days’ journey away.” When disease swept Indians from the land, this entire ecological ancien régime collapsed. Hernando De Soto’s expedition staggered through the Southeast for four years in the early sixteenth century and saw hordes of people but apparently didn’t see a
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: A New Ecology for the Twenty-First Century. New York: Oxford University Press, rev. ed. Bourne, E. G., ed. 1922. Narratives of the Career of Hernando de Soto. New York: Allerton (1544). Bourque, B., and R. H. Whitehead. 1994. “Trade and Alliances in the Contact Period,” in Baker et al. 1994, 131–47
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. London: Taylor and Francis. Clayton, L. A., V. J. K. Knight Jr., and E. C. Moore, eds. 1993. The De Soto Chronicles: The Expedition of Hernando de Soto to North America in 1539–1543. 2 vols. Tuscaloosa, AL: University of Alabama Press. Clement, C. R. 1999a and 1999b. “1492 and the Loss of
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, eds., People and Wildlife in Northern North America: Essays in Honour of R. Dale Guthrie. Oxford: British Archaeological Reports, 13–21. Duncan, D. E. 1995. Hernando de Soto: A Savage Quest in the Americas. New York: Crown. Dunford, F. J. 2001. Ceramic Style and the Late Woodland Period (1000–400 B.P.) Sachemships
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L. S. Cordell, eds., Chilies to Chocolate: Foods the Americas Gave the World. Tucson: University of Arizona Press, 47–60. Galloway, P., ed. 1997. The Hernando de Soto Expedition: History, Historiography, and “Discovery” in the Southeast. Lincoln, NE: University of Nebraska Press. Garibay, A. M. 1970. Llave del Náhuatl. Mexico City: Porrua. Garlinghouse
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Sequencing and Analysis of the Human Genome.” Nature 409:860–921. “Gentleman of Elvas.” 1922. “True Relation of the Vicissitudes That Attended the Governor Don Hernando de Soto and Some Nobles of Portugal in the Discovery of the Province of Florida Now Just Given by a Fidalgo Of Elvas.” Trans.B.Smith. In
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European Contact. Albuquerque, NM: University of New Mexico Press. Ramenofsky, A., and P. Galloway. 1997. “Disease and the Soto Entrada,” in P. Galloway, ed., The Hernando de Soto Expedition: History, Historiography, and “Discovery” in the Southeast. Lincoln, NE: University of Nebraska Press, 259–79. Rao, A. R. 1972. Smallpox. Bombay: Kothari Book Deposit
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. 1996. Origin of the Olmec Civilization. Edmond, OK: University of Central Oklahoma Press. Young, G. A., and M. P. Hoffman, eds. 1993. The Expedition of Hernando de Soto West of the Mississippi, 1541–1543. Fayetteville, AR: University of Arkansas Press. Zambardino, R. A. 1980. “Mexico’s Population in the Sixteenth Century: Demographic Anomaly
The Truth Machine: The Blockchain and the Future of Everything
by Paul Vigna and Michael J. Casey · 27 Feb 2018 · 348pp · 97,277 words
of cases blockchains will be used honestly, the wider benefits of a cryptographically secure asset registry are pretty enticing. Peruvian economist and anti-poverty campaigner Hernando de Soto estimates that the amount of “dead capital,” the pool of untitled property around the world, is worth about $20 trillion. If poor people could use
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my Blockchain Summit family, including but by no means limited to: Valery Vavilov, George Kikvadze, Bill Tai, Jamie Smith, Tomicah Tilleman, Dante Disparte, Vinny Lingham, Hernando de Soto, Gabriel Abed, Imogen Heap, Erick Miller, Heidi Pease, Laura Shin, Jim Newsome, Roya Mahboob, Eva Kaili, Suna Said, Beth Moses, Joby Weeks, Jen Morris, and
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.com/index.php/2013-01-15-14-16-26/sociedad/item/204708-el-barrio-charrua-una-pequena-bolivia-en-el-sur-de-buenos-aires. Hernando de Soto estimates that: Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (Basic Books, 2000). 7.7 percent of the population is
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on a pilot in the Republic of Georgia: Laura Shin, Forbes, April 21, 2016, “Republic of Georgia to Pilot Land Titling on Blockchain with Economist Hernando De Soto, BitFury,” https://www.forbes.com/sites/laurashin/2016/04/21/republic-of-georgia-to-pilot-land-titling-on-blockchain-with-economist
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-hernando-de-soto-bitfury/#3c381e6144da. blockchain startup Ubitquity is partnering with Priority Title & Escrow: “Ubitquity, the Blockchain-Secured Platform for Real Estate Transactions, Partners with US-Based ‘Rising
Make Your Own Job: How the Entrepreneurial Work Ethic Exhausted America
by Erik Baker · 13 Jan 2025 · 362pp · 132,186 words
millennium anathematized all but the most market-friendly approaches to combating urban poverty in the developing world. The good news, according to the Peruvian economist Hernando de Soto, one of the most influential voices at the World Bank in the 1990s and 2000s, was that entrepreneurship was already thriving in the slums—just
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1994 and the No Child Left Behind Act of 2001.57 Apparently social entrepreneurship did not need to be especially innovative after all. The Clampdown Hernando de Soto’s ideas about property rights enforcement had an edge that was often obscured by the bloodless, technocratic register in which he presented the strategy. Elsewhere
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of the individual worker was jeopardized. Innovation was like an assembly-line product: if you didn’t produce it, someone else would. The underclass paradox—Hernando de Soto’s trilemma—also drew its power from the routinization of entrepreneurship and its obverse side, the pathologization of the non-entrepreneurial duds. If everyone else
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the charmed circle of creative, entrepreneurial professionals.13 In a way Florida’s claim entailed a modified version of the “informal entrepreneurship” thesis popularized by Hernando de Soto. The lower ranks of the economic hierarchy were teeming with latent proto-entrepreneurs—not just the black-market merchants that de Soto had emphasized, but
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,” Wall Street Journal, January 4, 1985, 15. 14Larry Rohter, “A Radical Diagnosis of Latin America’s Economic Malaise,” New York Times, December 27, 1987, E3; Hernando de Soto, The Other Path: The Invisible Revolution in the Third World (New York: Basic Books, 1989). 15Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs
The Ascent of Money: A Financial History of the World
by Niall Ferguson · 13 Nov 2007 · 471pp · 124,585 words
the elegant boulevards of the Argentine capital’s centre. But are the people who live there really as poor as they look? As Peruvian economist Hernando de Soto sees it, shanty towns like Quilmes, despite their ramshackle appearance, represent literally trillions of dollars of unrealized wealth. De Soto has calculated that the total
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course, it would be a mistake to assume that microfinance is the holy grail solution to the problem of global poverty, any more than is Hernando de Soto’s property rights prescription. Roughly two fifths of the world’s population is effectively outside the financial system, without access to bank accounts, much less
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President 2007, tables B-77 and B-76: http:// www.gpoaccess.gov/eop/. 65 George Magnus, ‘Managing Minsky’, UBS research paper, 27 March 2008. 66 Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else (London, 2001). 67 Idem, ‘Interview: Land and Freedom’, New Scientist, 27
Planet of Slums
by Mike Davis · 1 Mar 2006 · 232pp
, however, the World Bank was championing privatization of housing supply across the board and soon became the most powerful institutional megaphone for the schemas of Hernando de Soto, the Peruvian economist who advocates micro-entrepreneurial solutions to urban poverty. The Friends of the Poor The intellectual marriage in the 1970s between World Bank
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awareness of the gap between promise and need explains some of the fervor with which international lending institutions and NGOs have embraced the ideas of Hernando de Soto, the Peruvian businessman who has become the global guru of neo-liberal populism. A John Turner for the 1990s, de Soto asserts that Third World
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collateral are counterbalanced by a new visibility to tax collectors and municipal utilities. Regularization also undermines solidarity within the colonias by individualizing the struggle 32 Hernando de Soto, The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, New York 2000, pp. 301-31. 33 Geoffrey Payne, unpublished 1989
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the so-called Washington Consensus — have sought consolation in the belief that the informal sector is potentially the urban Third World's deus ex machina. Hernando de Soto, of course, is internationally famous for arguing that this enormous population of marginalized laborers and expeasants is a frenzied beehive of proto-capitalists yearning for
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. Breman, The Labouring Poor: Patterns of Exploitation, Subordination, and Exclusion, New Delhi, p. 174. 20 Quoted in Donald Krueckeberg, "The Lessons of John Locke or Hernando de Soto: What if Your Dreams Come True?," Housing Polity Debate 15:1 (2004), p. 2. 21 Michael Mutter, UK Department for International Development, quoted in Environment
Arrival City
by Doug Saunders · 22 Mar 2011 · 366pp · 117,875 words
debate began in the 1980s, when a Peruvian economist began a drive to turn that country’s millions of rural-arrival squatters into property owners. Hernando de Soto established a network of formalization committees, which turned the jumble of arrival-city land titles into proper deeds and allowed people to form small businesses
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). 19 A. Durand-Lasserve and L. Royston, Holding Their Ground: Secure Land Tenure for the Urban Poor in Developing Countries (London: Earthscan, 2002), 3. 20 Hernando de Soto, The Other Path: The Invisible Revolution in the Third World (New York: Harper & Row, 1989). 21 de Soto, The Mystery of Capital: Why Capitalism Triumphs
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Communities: Evidence from Peru,” in Second Urban Resarch Symposium (Washington: World Bank, 2003). 24 Alan Gilbert, “On the Mystery of Capital and the Myths of Hernando de Soto: What Difference Does Legal Title Make?” International Development Planning Review (2002); A. M. Varley, “Private or Public: Debating the Meaning of Tenure Legalization,” International Journal
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the Caribbean (London: Glasshouse Press, 2004); Bishwapriya Sanyal, “Intention and Outcome: Formalization and Its Consequences,” Regional Development Dialogue 17, no. 1 (1996). 28 Staffan Granér, “Hernando de Soto and the Mystification of Capital,” Eurozine, no. 13 (Jan. 19, 2007): 6. 29 Donald A. Krueckenberg, “The Lessons of John Locke or
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Hernando de Soto: What If Your Dreams Come True?” Housing Policy Debate 15, no. 1 (2004): 3. 10 ARRIVING IN STYLE 1 Gerben Helleman and Frank Wassenber, “The
Stealth of Nations
by Robert Neuwirth · 18 Oct 2011 · 340pp · 91,387 words
, this appears to be a major vindication of the idea advanced more than two decades ago by the Peruvian economist, entrepreneur, and think-tank leader Hernando de Soto. De Soto is one of the pioneers in thinking about System D. His book The Other Path, issued in Spanish in the mid-1980s and
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’t worked. Even when countries have adopted de Soto’s paradigm, growth has remained elusive. As Princeton sociologist Alejandro Portes told me, “The promise of Hernando de Soto’s ‘Other Path,’ that you would open the markets and lift regulations and the economy would take off because of the energy of these small
The fortune at the bottom of the pyramid
by C. K. Prahalad · 15 Jan 2005 · 423pp · 149,033 words
to the role of the private sector in building markets. There have been few voices of dissent to the dominant logic of the development community. Hernando De Soto, in his path-breaking book, The Mystery of Capital, challenged the assumption that poor countries are poor.3 Poor countries could often be asset-rich
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was a “complement,” not a substitute. 2. The focus of development aid has also shifted from infrastructure, education, and structural adjustments over the decades. 3. Hernando de Soto. The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. Basic Books, New York. 4. It is important to distinguish the
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Poor, Profitably.” The Harvard Business Review, September 2002. 6. CII-McKinsey Report on Learning from China to Unlock India’s Manufacturing Potential, March, 2002. 7. Hernando De Soto. Presentation at the World Economic Forum, Davos, Switzerland, 2004. 8. Supportive case written by Praveen Suthrum and Jeff Phillips under the supervision of Professor C
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legal identity. The importance of legal identity cannot be underestimated. Without it, BOP consumers cannot access the services we take for granted, such as credit. Hernando de Soto documented the problems of a lack of legal identity at the BOP. The status of a “nonperson” in legal terms can confine people to a
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