Notes1 These Fidelistas are excellent when it comes to stirring up people politically or creating militias, but they are less well prepared to organize the economy; this might harm the Revolution, and we want to prevent this. —Carlos Rafael Rodríguez,2 May 1960, as quoted by Dumont (1970:31) In this paper I adopt Schumpeter’s (1934) distinction […]
The Future of the City of Havana: The Economic Dimension
Notes1 “Perhaps [the Americans, like many Germans] believed—rightly or wrongly—that physical reconstruction was something that would follow from, rather than something that would itself help create, economic recovery. Thus in a letter to the author on May 25, 1989, Charles Kindleberger, who helped formulate the Marshall Plan, said that his ‘interest 43 years ago was […]
Raúl Castro’s Dilemma: How to Fix the Cuban Economy without Risking Political Power
Looking at it from different angles, everything indicates that Cuba’s purportedly socialist (or centrally planned) economy stands today at the end of a very long line. The Cuban government has reached a point at which it will have to get serious about the country’s economy once and for all. In the last few years the […]
Lessons Learned from 20 Years of Privatization: Albania, Estonia and Russia
Private property is an indispensable component of individual freedom. Without the right to private property, individuals do not enjoy enough freedoms to pursue their personal interests. Private property is a component of individual wealth. Wealth, in any of its many forms, enhances the ability or choice sets of individuals to achieve their goals. The historical […]
2009 Preface
This 19th Volume of Cuba in Transition contains the proceedings of the annual meeting of the Association for the Study of the Cuban Economy (ASCE), held on July 30–31 and August 1, 2009, at the Miami Hilton Hotel, Miami, Florida. Scholars and experts presented studies on a wide range of economic, political and social issues […]
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