August 21st, 2018

Why Cuban cab drivers earn more than doctors

Interesting video that shows potential inequity when a market-based economy coexists with a government controlled healthcare sector. (Think long lines at the DMV). Potentially an extreme case given the fact they've been under a Marxist system since 1959 and have only recently allowed private payment for some services. Worth a watch.
https://www.youtube.com/watch?v=n-mUZRP-fpo&feature=youtu.be