Castro shrugged.

• Author: Doherty, Brian
• Position: Fidel Castro - Brief article

"I TRIED TO understand the essence of this new world," the now-retired Cuban dictator Fidel Castro said last September. "How did we get here ?" He was discussing what he gleaned from former Federal Reserve Chair Alan Greenspan's memoir The Age of Turbulence:Adventures in a New World.

Fittingly, some interpreted El Jefe's talk of Greenspan as merely a means to ensure people knew the ailing Castro was still alive and aware, not merely appearing in a pre-recorded scam. (Greenspan's book had been published that month.) No one had any reason to expect honesty from the world's longest-lasting totalitarian leader.

But Castro was being unexpectedly truthful. By hewing for decades to the communist faith in a centrally managed economy and society, he failed to understand the forces of economic liberalization that...