LFMI_Economics_in_31_Hour

LFMI was named one of six finalists for this year’s Templeton Freedom Award for its textbook of economics – Economics in 31 Hours – that is giving the next generation of Lithuanian youth a fighting chance to get the economics right by teaching how property rights, free exchange, profit and competition shape decision-making in our everyday lives.

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Since 1993, the great majority of public institutions have been managed by local governments. The introduction of KLIK (Klebelsberg Institution Maintenance Centre) led to a myriad of changes in the everyday life of every teacher and student. Financial centralization has transformed previously easy everyday tasks into heavily bureaucratic and difficult.