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In episode 367, we welcome our guest, Robert Lawson, director of the Bridwell Institute for Economic Freedom at (SMU) and author of Socialism Sucks: Two Economists Drink Their Way Through the Unfree World.\nIn today\u2019s episode, we\u2019re talking about some of my favorite topics \u2013 capitalism, travel, and beer! Robert traveled around the world to visit socialist countries and let\u2019s just say the crappy beer wasn\u2019t the only thing he didn\u2019t like about the trip.\xa0\xa0We start by defining what true socialism is, why Sweden isn\u2019t actually a socialist country, and look at Venezuela, Cuba, and North Korea to see what true socialism looks like in the world today. Surprise, surprise: it\u2019s not good.\xa0Next, we discuss why socialism has a false utopian vision for the world and the reasons why this terrible idea just won\u2019t go away.\nAs we wind down, we chat about some current topics in the U.S., including UBI, student-loan forgiveness, and the lack of financial education in schools.\xa0\n-----\nFollow Meb on Twitter, LinkedIn and YouTube\nFor detailed show notes, click here\nTo learn more about our funds and follow us, subscribe to our\xa0mailing list\xa0or visit us at cambriainvestments.com\n-----\nToday\u2019s episode is sponsored by\xa0Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Visit masterworks.io/meb to skip their wait list.\nToday\u2019s episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world\u2019s largest institutions, funds, and money managers. Join today and get access to quarterly CAPE ratios, an excel quant backtester and the entire research library.\nLearn more about your ad choices. Visit megaphone.fm/adchoices