Ep. 47 Economist Ben Powell Reports on His Worldwide Tour of Socialist Countries

Published: July 30, 2019, 10 a.m.

https://www.bobmurphyshow.com/wp-content/uploads/2019/07/ben-powell.jpg ()Ben Powell, head of the Free Market Institute at Texas Tech, discusses his newly released book Socialism Sucks (co-authored with Robert Lawson). Powell and Lawson toured countries around the world to observe firsthand life under ACTUAL socialism–in places like North Korea and Venezuela–versus places that merely have large welfare states (like Sweden). They concluded that, well, socialism sucks. Mentioned in the Episode and Other Links of Interest: The new book by Ben Powell and Robert Lawson, https://www.amazon.com/gp/product/162157945X/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=162157945X&linkId=f68d9e0d34edbb4656945fe450f13077 (Socialism Sucks: Two Economists Drink Their Way Through the Unfree World). The https://www.depts.ttu.edu/freemarketinstitute/ (Free Market Institute) at Texas Tech. The https://www.fraserinstitute.org/studies/economic-freedom-of-the-world-2018-annual-report (Economic Freedom of the World) Report (and related literature). A Powell essay on the https://www.econlib.org/library/Columns/y2010/Powellimmigration.html (economic case for immigration). FMI’s Kevin Grier (and co-author) using synthetic control to https://econpapers.repec.org/article/eeejeborg/v_3a125_3ay_3a2016_3ai_3ac_3ap_3a1-21.htm (assess the impact of Hugo Chavez’s regime.) How http://bobmurphyshow.com/contribute (you can contribute) to the Bob Murphy Show. The audio production for this episode was provided by https://www.podsworth.com/ (Podsworth Media).