Quote of the Week: Cuba in No Business Panacea

Friday, May 15, 2015
Everyone believes that Cuba is this panacea and I don't see it. It's the result of central planning gone awry. I mean, Cuba has no infrastructure. It doesn't have a real economy. How do we think this suddenly is going to support dozens and dozens of non-stop flights a day? If I were them, I would do two things: I would quickly put together a legal and banking system that would respect private property and private capital. Number two: I would adopt the U.S. dollar as my currency.
-- Richard Anderson, Delta Air Lines' CEO, AP, 5/15/15