Wealth is not created by redistribution in society, but by voluntary exchange of goods or services between two parties. Since the exchange is voluntary, it is imitated only in the cases which bring added value (increasing utility) to both parties.
This principle, so deeply rooted in human nature, has been "newly discovered" and described in academic phenomenal work written by Adam Smith in 1776 - Wealth of Nations.
Since that time, the economy, as a science describing relations within societies, became a standard scientific and academic topic.
The theory of free markets, followed by other authors (to name some) Bastiat, Mises, Hayek, Friedman, has been proved by many real cases, and as such proved more evident for free-market hypotheses and theories.
20th century - thanks to Keynesian economics, much appreciated and supported by socialistic politicians - brought the fall of free market being substituted by prevailing socialistic aspects: Regulation, high level of redistribution of resources by governments, monopolies, the growing definition of public goods etc. All of those are basically dragging the economic prosperity, freedom and ultimately equality significantly down.
Liberland is envisioning and adoring countries like Switzerland, Liechtenstein, Hongkong or Singapore, having seen the correlation between economic freedom and wealth of the society.
Being built on free-market roots, going far and deep with crypto and blockchain, Liberland has attracted interest and understanding from many academical corners, universities, freedom think-thanks, various liberty institutes etc. Both lecturers and students.
As such it represents a great magnet and potential to become a hub of thoughts of this type, with its decentralized approach, reaching possible global overlap.
Dozens of global experts have already expressed interest to lead lectures on such a university, and take a role in such a project.
In the era of remote education systems, becoming more efficient than traditional ways, the project could attract a very wide audience of both free/paid formats, issuing international accreditations and education certificates and grades.
This task together with Liberland Chamber of Commerce is to define and fine-tune the vision to complement a sustainable business plan, in order to build a core team and invite important partners to start.
The global university system is not perfect, and as the speed of technology and learning tools evolve, so must education. So here is what we need:
Give us examples of recent university practices you like and should be considered for Liberland Academy.
Come up with ideas on how you would go about starting a university that caters these values.
We look forward to your feedback!