Cubans gear up for change. According to this week's New York Times, buying and selling homes in Cuba will be legal by the end of the year. It's about time. In 1959, the Cuban government banned private property sales. The economy remained stagnant for five decades. What will this reform mean? The NYT says: This must shock the New York Times community. I suspect it was the writer's jaw that dropped. "Cuba, of all places, rejects the advice of the Times Editorial Page. How could they?" More importantly: Will there be rule of law? Will Castro undo the rule in six months? If I buy something, who do I know who I can sell it to? Will they give me a deed that says it's mine? Will people honor that in ten years? The steps to a genuine free market are many. I hope Cuba gets all the way there. -Stossel-
I could run Cuba better then the retards in charge now...What they shouldve done is free up money and let citizens open up factories and shops under a cooperative basis....No economy should be centrally planned but ran by local workers councils.