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Latin America’s once-richest country, sitting atop the world’s largest proven oil reserves, is an economic basket case, a humanitarian disaster, with a dictatorship whose demise many believe cannot come soon enough. But, is it socialism that’s to blame for the widespread starvation, critical medical shortages, an explosion in crime, and a refugee crisis to rival Syria’s? You’re much more likely to read that this crisis is the product of corruption, cronyism, populism, authoritarianism, resource-dependency, U.S. sanctions and trickery OR even the residues of capitalism itself. Darren Grimes, Digital Manager at the IEA, was joined by the IEA’s Head of Political Economy Krisitian Niemietz and the Daily Telegraph’s Assistant Comment Editor, Madeline Grant to discuss was Venezuela REAL socialism?

Opinion surveys consistently suggest that the British public is overwhelmingly hostile to immigration - a hostility which shapes our immigration policies in many ways - often negatively. However, if we dig a little deeper into the polling data, it becomes clear that most people in Britain are not pro or anti immigration per se. Despite overall hostility to immigration, there are types of immigration that are widely accepted, or even popular with the general public. Today we're joined by the IEA's Head of Political Economy Dr Kristian Niemietz, the author of our latest report into migration. Kristian proposes a new post-Brexit immigration policy that would capitalise on the nuances in public opinion to push for the most liberal migration policy possible.

Adam talks to Dario Cucci, an International Speaker and founder of the Ultimate Entrepreneur event which takes place in London on the 9th and 10th. They discuss the pressures and challenges facing modern entrepreneurs and whether its more challenging compared to previous generations. Dario explains that there are more skills for a business owner, particularly at the start up stage to learn covering areas such as accounts, marketing, PR, sales and health. Dario highlights that information isn’t enough and sometimes the quickest way to learn is to meet the people that have produced the results or have the skills required. Free tickets to the event are available here.

ETFs are a cheap and simple way to invest in markets. Trouble is, there are more than two thousand listed on the London market alone. So how do you pick the right ones for you and your circumstances? Ed Bowsher gets tips on how to do it from two experts in ETF selection: Oliver Smith from IG Smart Portfolios and Hoshang Daronga from Copia Capital.

Ian Forrest, Investment Research Analyst at The Share Centre, looks at the latest Fed announcement, which was more doveish on future interest rate movements than expected. He assesses numbers from Shell, Royal Mail, Diageo and Shell and looks ahead to results from Ocado, currently in talks with Marks & Spencer.

Professor Tim Evans of Middlesex University considers why so many in the developed world are advocating hard-left economic policies, wondering if there is a growing disconnect between the young and those ruling us. He also looks at attacks on advertising, explaining how vital advertising is in a free society and that it is essentially commercial free speech. Lastly, he ponders the worsening economic and political situation in Venezuela, asking if President Trump has got it right in supporting opposition leader Juan Guaido.

James Cameron-Wilson on the latest UK box office numbers, with Glass and Mary, Queen of Scots seeing off newcomer Vice, starring Christian Bale as former US Vice-President Dick Cheney. In at #8 is the Clint Eastwood film The Mule, another true story. The Nicole Kidman movie Destoyer, once touted as a possible award-nominee, only managed an entry at #19. James also reviews the new home release, Crazy Rich Asians, which he recommends highly.

Steve Caplin on the latest from the cutting edge of technology, taking in parking robots at Gatwick, Amazon's wheeled delivery vehicle, cameras that see round corners, Facebook's space lasers, Amazon's "blended reality mirror", a hand-pumped aqualung, why zebras have stripes and how scientists can transfer memories from one snail to another. Oh - and what submarines use X-box controllers for!

In part one of two This is Money podcast specials, we tackle savings. When savings are mentioned, the first thought that springs to mind for many is: rates are low, what's the point? In the latest This is Money podcast, assistant editor Lee Boyce and host Georgie Frost are joined by James Blower, the Savings Guru to explain why savings are important. James has inside knowledge of the industry, having helped a number of challenger banks set up their savings business. We talk about what the point of saving is and what you need to consider at different stages - and ages - of your life. How do you save for your children, what about Isas, does higher risk equal higher reward and how do you save for a house? We also talk about why the Financial Services Compensation Scheme is important and whether saving in cash over investing is ever a worthwhile exercise. James takes us behind the scenes at how rates are set and reveals why he believes better deals are on the horizon for savers.

Want to keep up with the latest earnings updates from the States? Well join Chris Hill and the Motley Fool Radio Show team here on Share Radio, direct from Washington DC, for news, views and analysis of the US stocks that matter. In this week's show: Is the recent stock market volatility par for the course or an aberration? Is it better for investors to be paranoid or complacent? On this week’s show, award-winning financial columnist Morgan Housel tackles those questions and talks stock market history and psychology. Plus, analysts Aaron Bush, Ron Gross, and Jason Moser dig into earnings from Comcast, Intuitive Surgical, McCormick, and Starbucks. And we discuss the latest news on eBay, Mastercard, and Papa John’s.