August 1, 2013
Today is one of my favorite days of the year.
If you’re a long-time subscriber, you may know that I hold an annual ‘Liberty and Entrepreneurship Camp’ every summer in Lithuania. This year’s camp starts today.
Overall it’s the seventh camp that I’ve participated in, and the fourth that I’ve personally sponsored.
If you’re not familiar, each year I invite a small group of successful, talented entrepreneurs to a lakeside resort in the Lithuanian countryside, and together we mentor university-aged students about the principles of business, entrepreneurship, personal liberty, and Austrian economics.
I can’t think of a better way to spend my time than being around energetic young people who have a genuine desire to kick ass.
Especially these days. Given what’s happening in the world, young people are really getting the shaft.
Youth unemployment rates are sky-high. Young people are the last to be hired, the first to be fired, the first to have their ‘benefits’ cut, the first to be shipped off to fight and die in a foreign war.
And they’ll be saddled with obligations for their entire working lives to pay off debts from previous generations that they never signed up for.
It’s not a particularly pleasant outlook. And we hold this camp to help our students understand that there’s a better path out there.
The only problem is that we can’t accept more people.
Because of capacity constraints, we’re limited to about fifty students. It’s a really difficult decision, and we have an rigorous selection process which filters sometimes thousands of applications down to the final attendees.
This year the students come from all over– Colombia, France, Romania, Russia, China, Zimbabwe, Singapore, Canada, India, Iran, United States, Chile, New Zealand, Mongolia, Brazil. It’s an amazing group… about 31 different countries in total.
One student’s video is particularly gripping. He comes from China, and he spent his application video describing his experience in a Chinese jail.
His crime? Being born under China’s one child policy.
I wanted to share his story with you because it underscores so much of what we talk about on a daily basis in this e-letter. You can watch it by clicking on this link: