Markets in Montenegro

http://www.futureofcapitalism.com/2010/05/markets-in-montenegro

The Cato Institute's Richard Rahn has a report from Montenegro, where a free-market-oriented economist named Veselin Vukotic, "has created a new private university" "University of Donja Gorica (UDG), that already has 1,500 students and a large, new building." Mr. Rahn reports that Montenegro "has made much progress toward a free and prosperous society, in part because of the extraordinary work of Mr. Vukotic. It has adopted the euro as its currency even though it is not yet a member of the European Union. It has just put in a 9 percent flat tax and moved toward free trade."

Thanks to reader-contributor-content co-creator-community member-watchdog E. for sending the link.

by Ira Stoll  |  May 25, 2010 at 11:23 am Related Topics:  Education, Europe, Non-Profits, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list