In this episode of Atlas Network, host Michael Carnuccio welcomes Elena Leontjeva from the Lithuanian Free Market Institute. They discuss the resurgence of Lithuania from the ashes of Soviet rule and the role of LFMI in this transformation. Elena shares her personal journey, insights into the significant reforms like the currency board and profit tax model, and LFMI's broader influence on the global freedom movement. She also delves into the “science of lack,” a multidisciplinary approach uniting economic understanding with philosophical and anthropological perspectives, and the vital importance of explaining scarcity to safeguard liberty. The conversation highlights both the challenges and achievements in promoting free market principles and the ongoing efforts to educate and inspire the next generation.
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Show Notes / Timestamps
00:00 Introduction to Atlas Network
00:26 The Rebirth of Lithuania
01:23 Challenges and Achievements of LFMI
03:02 Elena's Personal Journey
06:33 Monetary Reforms and Currency Board
15:34 Tax Reforms and Regional Influence
23:34 The Science of Scarcity
29:30 Impact and Legacy of LFMI
41:31 The Role of Atlas Network
55:45 Conclusion and Call to Action