The conference was opened by moderator – the head of Adam Smith Center for market economy Sergey Boiko and the representative of the Moscow branch of the Friedrich Naumann Foundation – Sasha Tamm. The main part of the conference was split into 3 sections.
In the first section «Philosophy of capitalism,» lectors put emphasis on the relationships between individual, entrepreneurship, and government. They mainly spoke about failures of government regulations of business and drew parallels between the Rand's plotlines and contemporary Russian realities.
The lecture by economist Pavel Usanov sparked audience interest by his comparison of current political and economic climate and events in Russia and the storyline of Atlas Shrugged – one of the most notable Rand's novels. Later there was a discussion about the similarities and differences between the strike of heroes from the novel (their emigration to the valley of entrepreneurs) and the modern strike of voters and the brain drain in Russia.
In the same section a well-known expert in the field of railway economics, Ph.D. Farid Khusainov delivered his speech to the impossibility of so-called «social justice». He showed that most of the state regulations built to support the poor in order to achieve the ideal of social justice constantly lead to the opposite results – when those who are already rich or powerful receive the help and protection from the government whereas the poor are left with nothing. His lecture was provided with curious examples of the transport industry and its relationship with the state. Besides, during the Q&A session, Farid was asked about the circumstances under which the monopoly position of the Russian railway will end so it would be able to benefit everyone.
Next came Vadim Novikov, an economist, a specialist in the field of antitrust law, an expert in the field of applied microeconomics. His lecture "Antimonopoly Anti-Utopia" was devoted to the issues of the formation of monopolies and the ethics and effectiveness of anti-monopoly legislation.