The Lithuanian Free Market Institute (LFMI) is a non-profit non-partisan organization ( think tank) based in Vilnius,

Lithuania Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania ...

. It was established by six economists, including

Petras Auštrevičius Petras Auštrevičius (born 16 May 1963) is a Lithuanian liberal politician, diplomat, civil society activist, former member of Seimas, and since 2014, a member of the European Parliament. Education In 1981, Auštrevičius graduated from Vilniu ...

, in November 1990. Based on the ideas of the

Austrian Economic School The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school ...

, its mission is to promote free market ideals with a focus on freedom, responsibility, and limited government intervention. The team of LFMI conducts research on the main economic and policy issues, develops reform packages, plans legislative proposals, advises and consults government institutions. LFMI also publishes economic literature, conducts surveys, holds conferences and lectures. The Chair of the Board is Elena Leontjeva, the co-founder of LFMI and President of LFMI from 1993 to 2001. In 2011, Žilvinas Šilėnas was appointed as the President and Edita Maslauskaitė as the Vice President.

External links

Official website
{{Authority control Organizations based in Vilnius Non-profit organizations based in Lithuania 1990 establishments in Lithuania Austrian School Think tanks established in 1990 Political and economic think tanks based in the European Union

See also

External links