Latest on our Regional Libertarian Network
- How curbing economic freedom increases corruption and undermines moral values of a society
- Daniel Hannan: The Wealthiest People on the Planet All Live in Microstates
- Milton Friedman Predicts the Rise of Cryptocurrencies in 1999 and Expresses Optimism in the Internet as One of the Major Forces for Reducing the Role of Government
- Edward Snowden Pays Tribute to Chelsea Manning by Video: Sam Adams Award 2014
- Nigel Farage: Devaluing the Mediterranean to Third World Status
According to World Bank's annally published Doing Business Project, out of 189 economies researched, the economy of Bosnia and Herzegovina is ranked as the 131st in ease of doing business.
When compared regionally, with its rank of 131, Bosnia and Herzegovina is the last place, far below Albania with ranking of 90, Croatia that ranks 89th.
From the Freedom Barometer website: "Freedom Barometer (www.freedombarometer.org) compiles data that assess political freedom, prevalence of the rule of law and economic freedom into one single index. ... It is built on the most renowned indices in the field of economic freedom, political freedom and rule of law..."
Out of five countries measured in the region of Western Balkans (Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and Albania) Bosnia and Herzegovina is ranked 4th in the region, behind Serbia (3rd) and in front of Albania (5th). First and second place are Croatia and Montenegro respectively.
When you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.
- Ayn Rand
My personal story of fleeing the plague of corruption and bureaucracy in the post-Yugoslavia era.
What do you do when you grow old enough one day to realize that the society you were brought up in runs on deep institutionalized corruption? What do you do when the realization of your own dreams is dependent upon throwing your own moral principles out the window and playing in that same unethical game?
My story begins back in the Summer of 2005, just after I had completed a nine-year education in the United States and returned home in my native Bosnia and Herzegovina. Armed with two science degrees and four years of work experience, I was eager to be back at home, to look for opportunities and to begin changing the world around me.
The Austrian Economics Center (AEC), in cooperation with over 40 leading think-tanks and universities across Europe and the Caucasus, and in association with international partners such as the Liberty Fund, FreedomWorks, European Students for Liberty and the F.A. v. Hayek Institut, are proud to present the 6th Annual Free Market Road Show®
Date: Monday, May 27th, 2013 - 11:30 - 17:00
Sarajevo School of Science and Technology
Hrasnička cesta 3a
The topic of the 2013 Free Market Road Show® is:
“To Save or Not to Save: Will austerity programs alone save Europe?”