Economists are frequently regarded as oracles of numbers and mathematics. However, economics is the study of human action measured in…

The European Union finds itself in a paradoxical situation. The population is ageing, the economy is stagnating, and at the…

The ancient Greek philosopher Socrates would walk through the streets of Athens, persistently asking people what concepts like virtue, justice,…

Imagine a world without money. No more wars, because resources belong to all of humanity. The government ensures equal and…

Last year, the European Central Bank (ECB) made a significant change to its monetary policy, ending the intensive monetary tightening…

At a time when economics is losing sight of the human person, Lithuanian Free Market Institute seeks to restore its…

Politicians advocating for price controls often promise consumers relief from inflation. However, historical evidence repeatedly demonstrates that government interference in…

Price inflation is not inevitable. One of the most common explanations for price growth is identifying it with capitalism. The…