The New Economic School – Georgia (NESG) (in Georgian: ახალი ეკონომიკური სკოლა საქართველო) is a free market think-tank, non-profit organisation, NGO based in Tbilisi, Georgia. Its main mission is education of young people in free market ideas. It organizes seminars, workshops and conferences for education and exchanges of ideas. NESG was founded by Georgian individuals to fill the gap of the market economy knowledge in the country and the deficit of good teachers and economics textbooks. According to the 2014 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), NESG is number 22 (of 45) “Top Think Tanks in Central Asia”.

The name New Economic School means different vision, school of thought. NESG is not an academic institution but rather a voluntary cooperation of individuals to find more ideas about Human Action. NESG was established as an alternative to Marxian school which was very influential having an absolute monopoly in the academic circles and universities in Georgia.

Vision

NESG is a libertarian think-tank. It helps the new generations in Georgia and the South Caucasus to understand more about how the market works. It is also supporting young politicians and journalists to find out what kind of economic policies exist in the world. Ideas of the NESG are based on the two approaches of Public Choice and Austrian School of Economics. NESG seminars teach their students ideas of Adam Smith, David Ricardo, Carl Menger. Ludwig von Mises, Friedrich Hayek, Murray Rothbard, James Buchanan, Gordon Tullock and other great thinkers of contemporary classical liberalism and libertarianism.

Activities

NESG is active in two directions seminars, consulting and publications. The activities are financed by the NESG and its partners European or American charitable foundations. All the publications are posted on the web-site of the NESG and can be downloaded for free.

The themes of the seminars and publications are academic and public policy to bring better knowledge to young people. Main policy ideas discussed by the participants on the seminars are: property rights, education, health, pensions, public transportation, public services etc. These ideas are crucial for the Georgian individuals to leave the poverty and reorganize country of Georgia into a contemporary market society with free but responsible people.