

Ricardo Torres
Cuban economist and scholar at American University in Washington, D.C. Formerly lived and studied economics in Cuba, giving him firsthand expertise on the island’s economic experiment.
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Apr 2, 2026 • 28min
Dark times for Cuba’s economic experiment
Ricardo Torres, a Cuban economist at American University with firsthand experience living in Cuba, explains how the island balanced socialism with small doses of capitalism. The conversation traces Soviet and Venezuelan lifelines, the rise and fragility of tourism, widening inequality, and how oil shortages and blackouts have pushed daily life into crisis.


