After the Revolution: Economics of De-Socialization

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De-Socialization of Lithuania

After the Revolution — Economics of De-Socialization

Tags Bureaucracy and RegulationGlobal EconomyStrategy

06/03/2019Kęstutis BaltramatisYuri N. Maltsev

Kęstutis Baltramatis, chief privatization economist of the Lithuanian Council of Ministers, speaks of Lithuania's plan to completely privatize industry and dramatically cut the size of the public sector. Especially notable is his revelation that Lithuania plans to welcome foreign entrepreneurs with no restrictions. Includes an introduction by Lew Rockwell, and features Yuri Matsev as translator. Presented by the Mises Institute at the Washington Court Hotel in Washington, DC, on 23 April 1990.

Note: The views expressed on are not necessarily those of the Mises Institute.

Kęstutis Baltramatis

Kęstutis Baltramatis was chief privatization economist of the Lithuanian Council of Ministers.

Contact Yuri N. Maltsev

Yuri N. Maltsev, Senior Fellow of the Mises Institute and professor of economics at Carthage College, worked as an economist on Mikhail Gorbachev's economic reform team before defecting to the United States in 1989. He has testified before the US Congress and appeared on CNN, PBS News Hour, C-Span, CBC, and other American, Canadian, Spanish, South African, and Finnish television and radio programs. He has authored and co-authored fifteen books and numerous articles. He is a recipient of the Luminary Award of the Free Market Foundation.

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