Summary of Robert Lawson & Benjamin Powell's Socialism Sucks
By IRB Media
()
About this ebook
Please note: This is a companion version & not the original book. Book Preview:
#1 Venezuela was supposed to be a model of democratic socialism, but it has since fallen apart. Western intellectuals, whom Lenin called useful idiots, tend to overlook or make excuses for socialist regimes’ economic failures and humanitarian atrocities.
#2 We traveled to Colombia and Venezuela to see how their economies differed. In Colombia, we met with a reporter named Julian Villabona, who helped us speak with people at the border. We crossed into Venezuela, and the only establishment there was a gas station with an attendant waiting at every pump.
#3 Venezuela’s economy was once free and prosperous, but by 2014, the average Venezuelan had only about $200 more than they had in 1967. In nearly fifty years, Venezuelans experienced essentially zero economic growth, while Spaniards had seen their average income more than double.
#4 Free markets and market prices convey important information. They tell consumers whether a good is plentiful or scarce, and what consumers are willing to pay informs producers and entrepreneurs what goods are most valuable.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Read more from Irb Media
Summary of David R. Hawkins's Letting Go Rating: 4 out of 5 stars4/5Summary of Anna Lembke's Dopamine Nation Rating: 4 out of 5 stars4/5Summary of Jessie Inchauspe's Glucose Revolution Rating: 5 out of 5 stars5/5Summary of Joe Dispenza's Breaking the Habit of Being Yourself Rating: 4 out of 5 stars4/5Summary of Mark Wolynn's It Didn't Start with You Rating: 4 out of 5 stars4/5Summary of Clarissa Pinkola Estés's Women Who Run With the Wolves Rating: 5 out of 5 stars5/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Summary of Dr. Mindy Pelz's The Menopause Reset Rating: 3 out of 5 stars3/5Summary of James Nestor's Breath Rating: 5 out of 5 stars5/5The Untethered Soul by Michael A. Singer | Key Takeaways, Analysis & Review: The Journey Beyond Yourself Rating: 4 out of 5 stars4/5Summary of Tiago Forte's Building a Second Brain Rating: 4 out of 5 stars4/5Summary of Haemin Sunim's The Things You Can See Only When You Slow Down Rating: 5 out of 5 stars5/5Summary of Al Brooks's Trading Price Action Trends Rating: 5 out of 5 stars5/5Summary of Ryan Daniel Moran's 12 Months to $1 Million Rating: 5 out of 5 stars5/5Summary of Erin Meyer's The Culture Map Rating: 5 out of 5 stars5/5Summary of Lindsay C. Gibson's Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Gabor Mate's When the Body Says No Rating: 0 out of 5 stars0 ratingsSummary of Lindsay C. Gibson's Self-Care for Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Brendan Kane's One Million Followers Rating: 0 out of 5 stars0 ratingsSummary of Dr. Julie Smith's Why Has Nobody Told Me This Before? Rating: 4 out of 5 stars4/5Summary of Uma Naidoo's This Is Your Brain on Food Rating: 5 out of 5 stars5/5Summary of Mark Douglas' The Disciplined Trader™ Rating: 5 out of 5 stars5/5Summary of Devon Price's Unmasking Autism Rating: 5 out of 5 stars5/5Summary of Gino Wickman's Traction Rating: 4 out of 5 stars4/5Summary of Gordon Neufeld & Gabor Maté's Hold On to Your Kids Rating: 5 out of 5 stars5/5Summary of Benjamin P. Hardy's Be Your Future Self Now Rating: 5 out of 5 stars5/5Summary of Thomas Erikson's Surrounded by Idiots Rating: 1 out of 5 stars1/5Summary of Bronnie Ware's Top Five Regrets of the Dying Rating: 4 out of 5 stars4/5Summary of Anna Coulling's A Complete Guide To Volume Price Analysis Rating: 5 out of 5 stars5/5
Related to Summary of Robert Lawson & Benjamin Powell's Socialism Sucks
Related ebooks
Summary of Tony Judt's Ill Fares the Land Rating: 0 out of 5 stars0 ratingsSummary of Joel Kotkin's The Coming of Neo-Feudalism Rating: 0 out of 5 stars0 ratingsSummary of Daniel Tudor & James Pearson's North Korea Confidential Rating: 0 out of 5 stars0 ratingsSummary of Vaclav Smil's Numbers Don't Lie Rating: 4 out of 5 stars4/5Summary of P. J. O'Rourke's Eat the Rich Rating: 0 out of 5 stars0 ratingsWhat if Latin America Ruled the World?: How the South Will Take the North Through the 21st Century Rating: 0 out of 5 stars0 ratingsCuba - Culture Smart!: The Essential Guide to Customs & Culture Rating: 5 out of 5 stars5/5Can the Black Man Rule Himself? Rating: 0 out of 5 stars0 ratingsSummary of Oliver Bullough's Butler to the World Rating: 0 out of 5 stars0 ratingsFrom Slaves to Oil: United States Role in the Plunder of Africa Rating: 0 out of 5 stars0 ratingsSummary of Victor Davis Hanson's The Dying Citizen Rating: 0 out of 5 stars0 ratingsSummary of Jieun Baek's North Korea's Hidden Revolution Rating: 0 out of 5 stars0 ratingsMake America Great--Like Norway Rating: 0 out of 5 stars0 ratingsSummary of Raj Patel's Stuffed and Starved Rating: 0 out of 5 stars0 ratingsSummary of Kevin Bales's Blood and Earth Rating: 0 out of 5 stars0 ratingsSummary of Hilaire Belloc's The Servile State Rating: 0 out of 5 stars0 ratingsThe Politically Incorrect Guide to Socialism Rating: 3 out of 5 stars3/5Recreating Democracy in a Globalized State Rating: 0 out of 5 stars0 ratingsAge of Ambition: Chasing Fortune, Truth, and Faith in the New China Rating: 4 out of 5 stars4/5Summary of Keeanga-Yamahtta Taylor's Race for Profit Rating: 0 out of 5 stars0 ratingsPre-Occupy-Ed: How the Occupy Wall Street Movement Will Economically Destroy America Rating: 0 out of 5 stars0 ratingsSummary of Manfred B. Steger's Globalization Rating: 0 out of 5 stars0 ratingsWhy Nations Fail: The Origins of Power, Prosperity, and Poverty | Summary Rating: 4 out of 5 stars4/5Summary of Marcia Chatelain's Franchise Rating: 0 out of 5 stars0 ratingsSummary of Noam Chomsky's Profit Over People Rating: 0 out of 5 stars0 ratingsIbb – Smart but Foolish: Reasons He Can't Be the Next President Rating: 0 out of 5 stars0 ratingsSlavery Today: A Groundwork Guide Rating: 5 out of 5 stars5/5Global Fortune: The Stumble and Rise of World Capitalism Rating: 0 out of 5 stars0 ratingsColombia - Culture Smart!: The Essential Guide to Customs & Culture Rating: 5 out of 5 stars5/5On Redemption for Zimbabwe My Country Rating: 0 out of 5 stars0 ratings
Social Science For You
All About Love: New Visions Rating: 4 out of 5 stars4/5Come As You Are: Revised and Updated: The Surprising New Science That Will Transform Your Sex Life Rating: 4 out of 5 stars4/5Dumbing Us Down - 25th Anniversary Edition: The Hidden Curriculum of Compulsory Schooling Rating: 4 out of 5 stars4/5Men Explain Things to Me Rating: 4 out of 5 stars4/5Verbal Judo, Second Edition: The Gentle Art of Persuasion Rating: 4 out of 5 stars4/5A People's History of the United States Rating: 4 out of 5 stars4/5Close Encounters with Addiction Rating: 5 out of 5 stars5/5The Art of Witty Banter: Be Clever, Quick, & Magnetic Rating: 4 out of 5 stars4/5Dreamland: The True Tale of America's Opiate Epidemic Rating: 4 out of 5 stars4/5The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End Rating: 4 out of 5 stars4/5Just Mercy: a story of justice and redemption Rating: 5 out of 5 stars5/5The Sun Does Shine: How I Found Life and Freedom on Death Row (Oprah's Book Club Selection) Rating: 4 out of 5 stars4/5The Like Switch: An Ex-FBI Agent's Guide to Influencing, Attracting, and Winning People Over Rating: 4 out of 5 stars4/5Homicide: A Year on the Killing Streets Rating: 4 out of 5 stars4/5The Denial of Death Rating: 4 out of 5 stars4/5Freedom Is a Constant Struggle: Ferguson, Palestine, and the Foundations of a Movement Rating: 4 out of 5 stars4/5Prisoners of Geography: Ten Maps That Explain Everything About the World Rating: 4 out of 5 stars4/5The Human Condition Rating: 4 out of 5 stars4/5You're Not Listening: What You're Missing and Why It Matters Rating: 4 out of 5 stars4/5The Song of the Cell: An Exploration of Medicine and the New Human Rating: 4 out of 5 stars4/5My Secret Garden: Women's Sexual Fantasies Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5
Reviews for Summary of Robert Lawson & Benjamin Powell's Socialism Sucks
0 ratings0 reviews
Book preview
Summary of Robert Lawson & Benjamin Powell's Socialism Sucks - IRB Media
Insights on Robert Lawson & Benjamin Powell's Socialism Sucks
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 1
#1
Venezuela was supposed to be a model of democratic socialism, but it has since fallen apart. Western intellectuals, whom Lenin called useful idiots, tend to overlook or make excuses for socialist regimes’ economic failures and humanitarian atrocities.
#2
We traveled to Colombia and Venezuela to see how their economies differed. In Colombia, we met with a reporter named Julian Villabona, who helped us speak with people at the border. We crossed into Venezuela, and the only establishment there was a gas station with an attendant waiting at every pump.
#3
Venezuela’s economy was once free and prosperous,