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Next year, participants in Lithuania’s second-pillar funded pension system will face a personal financial referendum: to stay and save, to withdraw and leave, to transfer savings to the third pillar of the pension system, or to invest independently. Estonia tried the same approach in 2021, and economists at its central bank assessed the consequences. Estonia’s experience is highly relevant for Lithuania – similar outcomes are plausible here as well. 

“When I was a child, the monarch of Liechtenstein told me: our duty is to protect people from power. If you have power, your first task is to limit the powers of the government, not to expand them.” Prince Michael of Liechtenstein said these words during a short visit to Lithuania. The guest, who was invited as a guest speaker to the 35th anniversary of the Lithuanian Free Market Institute, came as a surprise to many.

On December 18, 2025, the Lithuanian Free Market Institute (LFMI) invited Lithuania’s education community to discuss why ethical judgment matters in a fast-changing, digital world—and why ethics and civic responsibility are essential. The conversation took place during the awards ceremony for Lithuania’s national ethics competition for 7th–8th graders, “Beside Me: Another Person”, hosted by Vytautas Magnus University (VDU).

The December issue of the 4liberty.eu Newsletter provides an overview of the articles published on the 4liberty.eu website, serving as a starting point for further exploration.

In recent years, the President of the European Central Bank, Christine Lagarde, has repeatedly claimed that money is a public good. This formulation has become one of the central rhetorical pillars of the digital euro project. When the ECB announced in October 2025 that it was moving into the next phase of this initiative, Lagarde once again emphasized: “Money is a public good. Full stop.”

Tomio Okamura, the Czech Speaker of the Chamber of Deputies, made a New Year\'s speech which is a prime example of economic populism that pretends to be \"common sense\" but is actually based on systematic simplification, confusion of terms, and false dilemmas. Underneath the appealing language of optimism and concern for \"ordinary people\" lies a set of claims that deny known facts, ignore the government\'s policy statement, and distort reality.

In 1776, three texts appeared almost simultaneously that helped define the political and moral architecture of the modern world. Thomas Paine’s Common Sense gave popular voice to the radical idea that political authority must rest on reason and consent rather than tradition. Adam Smith’s The Wealth of Nations provided a systematic account of how prosperity emerges from freedom, specialization, and exchange.

The US and Canadian military are tracking Santa with private money, and you can bet on the results, all due to a typo. It is the season when people’s gaze is waylaid by the shiny, sparkling, colorful paraphernalia of Christmas attention-seeking, and so it is increasingly difficult to write about an important topic not sprinkled with holiday jollity. My feeble attempt to gain readers a couple of years ago depicted Santa as a Marxist monster.

The death of Charlie Kirk, a controversial right-wing political activist, has had a widespread impact, not only in U.S. politics but also across the globe. This article examines how the assassination of a conservative figure has affected the domestic politics of a country known for its long-standing government that prides itself on having traditional, conservative values, exactly what Charlie Kirk stood for.

‘Liberation Day’ marked a real threat to the world, as it risked sparking a global trade war. On 2 April, Donald Trump announced the largest tariff hike since the Smoot–Hawley Tariff Act, 1930. This move reflected Trump’s views on international trade and the global economy: He sees trade as a zero-sum game that the US is losing, and, to him, tariffs are a way to help the American economy and public finances.