DavidSmoothstone

Economists drink beer and evaluate the economy of Venezuela based on the beer they tasted on their visit. Robert Lawson, SMU economist, shares what he and co author Ben Powell, economist from Texas Tech, experienced as they observed the effects of socialism on what was the richest country in South America.

One of the authors of "Socialism Sucks - two economists drink their way through the unfree world" reports what they found in Sweden.SMU professor, Robert Lawson, talks about drinking beers and what it reveals about the economic impact of socialism on the country. In each country they evaluate the beer to reveal the effects of a socialist government on the quality of the beer and the limits of consumer choice.