Command Economy

North Korea News Today

The Spectre of Juche: Is North Korea Capable of True Reform?

As his first year as Supreme Leader concludes, analysts have an overall mixed reaction to Kim Jong-un’s style of leadership. Promises of economic reform, innovations in propaganda that has made it more outward facing in nature, and the introduction of a first family with his marriage to Ri Sol-ju are just three of the highlights of the newest Kim’s first year. While the […]

Read More

Cuba to Allow for Buying and Selling of Real Estate.

As part of his continuing reforms of the Cuban economy, Cuban President Raul Castro announced plans to allow for the buying and selling of private real estate for the first time since the Communist Revolution on the island. The new laws are active on November 8th and were announced by the Communist Party’s official daily […]

Read More