MISES Seminar is event organized by Institute Bruno Leoni at Sestri Levante in October each year with the aim to discuses different economic issues among students, researchers and scholars of free market orientation. The general theme discussed this year is: Failure: Why We Need It. The conference feature original contributions on the themes of failure and bankruptcy—either in the business and governmental arena—and how it is a necessary and ultimately beneficial feature of a free market and a free society. Ms. Jadranka Kaludjerovic, program director and Ms. Maja Drakic, ISSP senior analysts participated in this event.