“Ask most people who live in a home and have a mortgage on it whether they own their own home and the answer is almost guaranteed to be a resounding 'yes'. Yet it's the wrong answer. Technically speaking, until they have paid the mortgage off, they don't own it. Herein lies the difference between reality and illusion, between ownership and control. This confusion lies not only at the individual level, but also at the heart of government thinking.”
Quote by Dambisa Moyo
Work
How The West Was Lost: Fifty Years of Economic Folly - And the Stark Choices Ahead
This book delves into the economic history of the Western world, analyzing the consequences of past economic decisions and the challenges that lie ahead. more
Author
Dambisa Moyo
Dambisa Moyo is a distinguished author and economist, born on February 2, 1969. She has made substantial contributions to the field of economics through her insightful writings, focusing on the challenges and opportunities in the global economy, particularly in Africa. more
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