Hernando de Soto explains the connection between the denial of property rights, economic stagnation, and political unrest in Egypt. To my mind he missed an opportunity to use a great illustration of the point. Pete Wehner writes:
It is amazing that the political revolution now sweeping across the Middle East and North Africa was started by a 26-year-old unemployed Tunisian man who self-immolated.
On December 17, 2010, Mohamed Bouazizi, a university graduate whose fruits-and-vegetables market stand was confiscated by police because it had no permit, tried to yank back his apples. He was slapped in the face by a female municipal inspector and eventually beaten by her colleagues. His later appeals were ignored. Humiliated, he drenched himself in paint thinner and set himself on fire. He died on January 4.
That incident was the spark that set ablaze the revolution that overthrew President Zine El Abidine Ben Ali, who ruled Tunisia for more than two decades — and that, in turn, spread to Egypt, where Hosni Mubarak’s 30-year reign of power is about to end. Anti-government protests are also happening in Jordan, Morocco, Yemen, and elsewhere. It’s hard to tell where all this will end; but how it began may rank among the more extraordinary hinge moments in history. It may come to be known as the Slap Heard Round the World.