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About LFMI
The Lithuanian Free Market Institute (LFMI) is a private non-profit non-partisan organisation established in 1990 to promote the ideas of individual freedom and responsibility, free market, and limited government.
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Think Tank News

Economics in 31 Hours to Reshape Economic Education in Lithuania

LFMI/September 11, 2016August 7, 2017 /Leave a comment

More than half Lithuan.ian schools started the new school year with a different – innovative – approach towards teaching of economics. Published last year, Economics in 31 Hours has already reached almost 54 per cent of 9th and 10th grade students country

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Economy

How to Pluck the Fruits of the Sharing Economy?

Dominykas Sumskis and LFMI/August 23, 2016August 7, 2017 /Leave a comment

France is facing yet another challenge. The European Commission clearly stated that a restrictive regulatory approach that they have implemented must be avoided. A difficult road is ahead for the French government as it will have to admit that the country’s licensing practices are laughably outdated and have to be removed.

LFMI_cover
Policy Papers

Principle of Subsidiarity: Concept and Criteria

LFMI/July 15, 2016 /Leave a comment

This paper is intended to elicit and substantiate criteria that should be used as a basis for the division of functions between the central government and local government (municipalities) according to the principle of subsidiarity.

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Economy, Politics

Government Yet Again Tells Lithuanians Not to Work

Dominykas Sumskis and LFMI/June 20, 2016August 29, 2017 /Leave a comment

With Lithuanian Parliamentary elections approaching, Lithuanian MPs like magicians are pulling out of a hat same old populistic laws. Once again they are trying to push through an old and already bashed suggestion that prohibits people from working on holidays.

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Economy

Government’s Invincible Routine

Vytautas Zukaukas and LFMI/June 17, 2016 /Leave a comment

A multitude of research shows that the shadow economy in Lithuania is decreasing. Yet, the pace of change is not as fast as desired. The level of the shadow economy remains high and there are still plenty of reasons for this kind of economic activity to emerge.

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Economy

Flat Tax and Income Inequality

Zilvinas Silenas and LFMI/May 31, 2016August 29, 2017 /Leave a comment

Piketty’s publication has reignited the debate over taxation. Proponents of higher taxation seized the opportunity to increase taxes. Even some countries of Central Eastern Europe, a region that has traditionally prided itself on flat taxes, have faltered.

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Economy

This Year’s Lithuanian Tax Freedom Day Is on May 18

LFMI/May 17, 2016August 29, 2017 /Leave a comment

Tax Freedom Day comes on May 18. It is a symbolic day in the year when an average taxpayer has paid all the dues to the government and begins to work for him- or herself. The fact that it comes later than in the previous year means that government expenditures has grown more than the country’s economy.

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Think Tank News

LFMI’s Teacher’s Manual Wins 2016 LOGIN Internet Award

LFMI/May 13, 2016May 15, 2016 /Leave a comment

LFMI’s Teacher’s Manual has won 2016 LOGIN People’s Choice Award for the best online educational tool from the annual gathering of Lithuania’s Internet culture that celebrates the greatest and most innovative achievements of the Lithuanian tech community.

An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign
Economy

Why Protest Technology?

Dominykas Sumskis and LFMI/April 25, 2016August 29, 2017 /Leave a comment

Fast forward to the 21st century Europe. Taxi drivers are the ones who are threatened by new technologies. A simple mobile app made them share the market with a whole lot of new drivers. And let’s be fair – nobody likes sharing a market with new competitors.

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Economy

Doing Business 2017: How to Catch Up with Estonia?

Julija Simionenko-Kovacs and LFMI/March 8, 2016March 8, 2016 /Leave a comment

Lithuania outstripped its neighbors (Latvia and Poland) and once again was ranked among the top 20 countries in the world in terms of ease of doing business. But Lithuania’s competitors are not sitting around twiddling their thumbs, so last year’s achievement is not guaranteed for this year.

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Think Tanks

Liberte!
Republikon Institute
FOR (Civil Development Forum)
Lithuanian Free Market Institute
The F. A. Hayek Foundation
Institute For Market Economics
Academy Of Liberalism
Institute of Economic and Social Studies
Projekt Polska
Liberal Institute
Liberales Institut
Svetilnik Slovenija
The Institute for Economic Research And Policy Consulting
Szabad Piac
New Economic School Georgia
Visio Institut
CETA

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