Tag: Cuba

Cuba Reminds Us Why Competition Matters

Juan Pinzon/iStock/Getty Images Plus Havana, Cuba Cuba is a communist country. That means that every market component that matters is run by the Party faithful, not necessarily people who know what they’re doing.This is typical. Behind the Iron Curtain in Eastern Europe, where I was born, when the Soviets took power, they took control of manufacturing and agriculture. They nationalized ...

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