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The Power and the Money

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In 1933, the United States overthrew a Cuban government because it insisted on repaying American creditors.

That really happened. President Gerardo Machado was prepared to pay any price, bear any burden, rather than miss Cuba’s debt payments. Even when that price included confiscatory taxes, wage arrears, the complete shutdown of public education, and an unstoppable do...


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The first two entries in the series explored Cuba’s relation with Venezuela and the Soviet Union. Both countries economically supported Cuba’s economic model and thereby its regime. Both times Cuba suffered when that support went away.

But there is a third episode in Cuban history: Cuba under American domination, between 1898 and 1934. It is a weird story: the United S...


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Cuba didn’t immediately turn Communist in 1959. In fact, it wasn’t clear to most observers just what the Movimiento 26 de Julio was all about, other than removing the corrupt Batista regime.

This post has three sections. The first describes how Cuba and the United States descended into deep hostility. The second explains Cuba’s attempts to impose central planning and h...


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I may support trying to convince Greenlanders to vote to become an American territory, but threatening force against Denmark was just insane. Europeans no longer trust the United States. One of the (many) problems for them, however, is that they still depe...


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