OPEN Fest Sarajevo

Last updated
OPEN Fest Sarajevo
Open.fest.sarajevo.jpg
Genre liberalism
Dates January
Location(s) Sarajevo, Bosnia and Herzegovina
Years active 2016 – present
Website
www.openfest.net

OPEN Fest Sarajevo is the largest international libertarian festival in Europe. [1] [2] [3] [4] It is held annually in Sarajevo, Bosnia and Herzegovina. [5] It is dedicated to the promotion of ideas of liberty and human rights. The Festival promotes economic and political freedoms, together with the fundamental rights of the individual. [6] The festival was established by the Multi Group in cooperation with the Atlas Network, Students for Liberty and the Rising Tide Foundation. [7] The first edition of the festival hosted over 10,000 guests, 50 NGO's and 40 international speakers. [8]

Festival organised series of acts and performances

A festival is an event ordinarily celebrated by a community and centering on some characteristic aspect of that community and its religion or cultures. It is often marked as a local or national holiday, mela, or eid. Next to religion and folklore, a significant origin is agricultural. Food is such a vital resource that many festivals are associated with harvest time. Religious commemoration and thanksgiving for good harvests are blended in events that take place in autumn, such as Halloween in the northern hemisphere and Easter in the southern.

Europe Continent in the Northern Hemisphere and mostly in the Eastern Hemisphere

Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west and the Mediterranean Sea to the south. It comprises the westernmost part of Eurasia.

Sarajevo City in Bosnia and Herzegovina, Bosnia and Herzegovina

Sarajevo is the capital and largest city of Bosnia and Herzegovina, with a population of 275,524 in its administrative limits. The Sarajevo metropolitan area, including Sarajevo Canton, East Sarajevo and nearby municipalities, is home to 555,210 inhabitants. Nestled within the greater Sarajevo valley of Bosnia, it is surrounded by the Dinaric Alps and situated along the Miljacka River in the heart of the Balkans.

Contents

Format

The festival is organized in January of each year and lasts for 5 days. It hosts a large conference and lecture program that focuses on the promotion of economic and political freedoms. Subjects that are treated include the free market, entrepreneurship, cryptocurrency, technology, legalisation of cannabis, Objectivism and others. [9] [10] [11] The festival also hosts numerous art exhibitions, film screenings, workshops and a rich entertainment program that includes concerts and VIP parties. [12] [13] Guests and speakers have included FreedomWorks president and Tea Party leader Matt Kibbe, Bitnation founder Susanne Tarkowski Tempelhof, Iranian-Swedish author Nima Sanandaji, anarcho-capitalist economist and son of Milton Friedman, David D. Friedman, president of the University of the Philippines Alfredo Pascual, British journalist and research fellow at the Institute of Economic Affairs, Christopher Snowden and others. [14] [15] [16]

In economics, a free market is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority and from all forms of economic privilege, monopolies and artificial scarcities. Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods, such as tariffs, used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs.

Cryptocurrency digital medium of exchange

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

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References

  1. ↑ "Najava / Vraća se OPEN Fest: Sarajevo ponovo domaćin najvećeg festivala sloboda u Europi". Radio Sarajevo.
  2. ↑ "Second Open Fest spans five days and draws thousands". multi.ba.
  3. ↑ "Dođite na Open Fest u Sarajevo: Najveći slobodarski festival u Europi". liberal.hr.
  4. ↑ "Individual members: OPEN festival in Bosnia and Herzegovina". aldeparty.eu.
  5. ↑ "Open Fest 2017". mediareform.rs.
  6. ↑ "Otvoren najveći evropski festival sloboda 'Open fest'". visoko.co.ba.
  7. ↑ "Second Open Fest spans five days and draws thousands in Sarajevo". atlasnetwork.org.
  8. ↑ "About us". official website.
  9. ↑ "Open Fest će otvoriti vaš um: Od Liberlanda, preko islama i slobode, do milionera i zarade". klix.ba.
  10. ↑ "OPEN Fest br. 2: Biće da su ipak nemiri u Švedskoj". oslobodjenje.ba.
  11. ↑ "U Sarajevu javna tribina o legalizaciji marihuane u medicinske svrhe". fbl.ba.
  12. ↑ "FENA Novost: Prvi evropski festival sloboda krajem oktobra u Sarajevu". fena.ba.
  13. ↑ "Second Annual Open Fest". atlasnetwork.org.
  14. ↑ "Najava / Vraća se OPEN Fest: Sarajevo ponovo domaćin najvećeg festivala sloboda u Europi". Radio Sarajevo.
  15. ↑ "Speakers". official website.
  16. ↑ "Second Annual Open Fest". atlasnetwork.org.
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