Thank Fidel for Amazon

Posted by accountingweb on Feb 23 2012 953 printer friendly

Mike Bezos was 15 years old when he escaped from Cuba and fled to the USA, working his way through the Univ of Albuquerque.

He gave his stepson, Jeff, a 1988 Chevy Blazer, and while Jeff's wife Mackenzie drove across the country to Seattle, Jeff typed up the business plan for Amazon.

Not bad for a first generation immigrant. Thank Fidel for Amazon!

I remember George Gilder writing that Fidel wanted to create the world's greatest city in Cuba, so he expropriated all of the physical capital, suffering from the "physical fallacy"--the idea that wealth resides in tangible things.

Fidel did create a great city--in Miami--since the most important capital fled.

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