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Jun
19
Why Cuban Cab Drivers Earn More Than Doctors

In Cuba, cab drivers are the one percent Subscribe to our channel! http://goo.gl/0bsAjO Cuba’s economy works as a central planning model, where government ministries dole out resources and set everything from prices to inventories to salaries. The fact that a taxi driver can make so much more than a physician is a reflection of the Cuban government’s heavy focus on tourism. For years, the central planning apparatus has valued tourism as a key mechanism for both bringing in revenue as well as propagating the idea that Cuba is thriving. Many pesos are collected by the high prices on everything related to the tourism industry. Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o


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