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Friday, August 5, 2011

First cel phones, now homes

Cuba is preparing to legalize private property. This is a fundamental underpinning of free market economies. Here’s to hoping it sticks – but it will be a while before anyone fully reacts to it because of the uncertainty that it could be taken away at any time.

You can’t just tell people they are free. You have to continually successfully publicly thwart challenges to their freedom before they will believe it. Only after they believe it will they act on it. Only after they act on it will they actually be free.

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