Economic Fundamentals Initiative
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Our mission is to advance economic and financial literacy through educational resources, partnerships, and programs across the Western Balkans, South Caucasus, Central Asia, and Ukraine.
10/01/2026
Good ideas are more useful when people can access them in their own language. 🌍
We’re delighted to share newly updated Armenian and Uzbek editions of Common Sense Economics.
The book brings fundamental economic principles into everyday life, helping readers understand how economic choices and institutions can influence their opportunities, prosperity and well-being.
And both editions are available to download completely free through EFI’s Online Learning Center.
📚 Explore the Learning Center and download your copy: https://shorturl.at/ZxSdr
Finding the right economics resources just got easier.
We’ve relaunched EFI’s free Online Learning Center, with dedicated pathways for students, teachers, journalists and anyone who simply wants to understand more about economics and the world around them.
Search by topic, explore curated videos and resources, and find content that matches what you want to learn — all in one place.
No subscription. No cost. Just free economics education, ready to explore.
🔗 Discover the new Online Learning Center: https://shorturl.at/d75g1
09/22/2026
Why are living standards so much higher today than they were just a few centuries ago?
In this Learning Center video from our partner content creator Learn Liberty, economist Deirdre McCloskey explores one of history's biggest economic questions: what sparked the extraordinary rise in global prosperity?
Discover how innovation, entrepreneurship, and the freedom to exchange ideas transformed living standards and helped fuel what economists call the Great Enrichment.
🎥 Watch now: https://content.econfun.org/en/video?id=prof-deirdre-mccloskey-what-caused-the-economic-boom-of-wealth
09/21/2026
Today, Armenia celebrates 35 years of independence.
For EFI, it’s also an opportunity to celebrate a partnership that has been growing for more than six years.
Working alongside the Center for Behavioral Decisions and its School for Economic Decisions, we’re helping expand access to practical economic and financial education for young people across Armenia.
More than 4,500 students have participated in the Tatevatsi Economics Olympiad since 2023, with over 300 schools engaging with EFI-supported initiatives. The work also extends beyond students, helping strengthen economic understanding through education, professional training and long-term partnerships.
Behind those numbers are young people developing the confidence to think critically, solve problems and make informed decisions about their futures.
We’re proud to work alongside our partners in Armenia — and look forward to everything still to come.
Happy Independence Day, Armenia!
🔗 Explore EFI’s work in Armenia: https://shorturl.at/Fm0BJ
09/18/2026
Following this week's Board meeting, EFI is delighted to introduce its strengthened Board of Directors as we look ahead to 2027 and the next stage of the organisation's development.
Our Board brings together an exceptional group of people with considerable experience across education, philanthropy, communications, organizational leadership and the wider liberty movement: We are excited about the road ahead.
Learn more about the EFI Board here: https://shorturl.at/hbHZP
09/17/2026
📚 Now available in Russian: the second edition of Common Sense Economics.
Making economics education accessible means making resources available in languages that students, teachers and readers can engage with confidently.
This updated Russian-language edition of Common Sense Economics provides an accessible introduction to key economic ideas, including markets, incentives, entrepreneurship, trade, government policy and economic growth.
The new edition is available free to download in PDF and ePub formats, helping make practical economics education available to Russian-speaking readers across the regions where EFI and its partners work.
📖 Download the book free: https://shorturl.at/4efeB
75 teachers. 40 hours of training. And a full academic year of continued learning and support. 📚
But what does that experience actually mean for the teachers taking part?
We asked teachers in North Macedonia to share their thoughts. 🎥
From gaining new knowledge and practical teaching approaches to exchanging ideas with fellow educators, their experiences show why investing in teachers can have an impact far beyond a single training program.
Through EFI's Teacher Training Program, delivered in partnership with the Liberal Alternative Institute, teachers are supported to make economics more engaging, practical and relevant for their students.
And the impact doesn't stop with the 75 teachers taking part. What they learn travels back into their classrooms, reaching students year after year.
A huge thank you to the teachers who shared their experiences and to the Liberal Alternative Institute for their continued partnership.
👉 Learn more about EFI's work with teachers: https://shorturl.at/O2Y4y
09/10/2026
09/10/2026
A new edition of Common Sense Economics is now available in Ukrainian!
The second regionalised edition brings economics closer to home, with refreshed examples and case studies that make key economic ideas more relevant and relatable to readers in the region.
Covering everything from markets and incentives to trade, entrepreneurship and economic growth, Common Sense Economics is designed for students, teachers and anyone who wants to better understand how economies work.
📖 Best of all, it's free to download in PDF and ePub formats.
Explore the Ukrainian edition here: https://shorturl.at/91Yyf
09/08/2026
Why do some countries become prosperous while others struggle?
In this Learning Center video from our partner content creator Kite & Key Media, explore the factors economists believe contribute to long-term prosperity—from institutions and incentives to economic freedom.
While geography and history matter, the rules that shape how people live, work, invest, and innovate can have a profound impact on a country's economic future.
🎥 Watch now: https://content.econfun.org/en/video?id=why-do-some-countries-get-rich-while-others-dont
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