Company overview


Information

Center for Free Enterprise (CFE) is a non-profit organization dedicated to promoting libertarian principles and free market ideologies in Korea. As an independent organization, CFE does not accept funding from governmental sources. The organization aims to demonstrate that economic prosperity can be attained when public policies support free market mechanisms and minimize government intervention in the lives of individuals. Through these efforts, CFE aspires to position Korea as the most prosperous and free nation globally.

Purpose

Center for Free Enterprise (CFE) functions as a platform for libertarians in Korea to disseminate their ideas to the public. The organization advocates for the principles of individual liberty, limited government and free markets. It serves students, academics, opinion leaders, and anyone interested in gaining a deeper understanding of libertarianism and the principles of free market principles.

About CFE

Center for Free Enterprise (CFE), founded in 1997, focuses on introducing liberty as a life philosophy to the people of Korea. CFE publishes books and journals, hosts conference and produces many free resources on its website at [www.cfe.org]. CFE is dedicated to preserving and strengthening the foundations of a free society. Rather than government intervention, we believe that protecting the freedoms of citizens and businesses is a better approach including liberty, free-market economics, private property, entrepreneurship, and limited government. The government should stay out of the market completely and let the market regulate itself. Economic freedom is not just the best policy for free people but the indispensable framework for the future. CFE is a non-profit, non-political, and tax-exempt think tank dedicated to building a freer and more prosperous society. For more information, please visit our website at [www.cfe.org]. If you still have any questions or concerns, please contact us at [cfemaster@cfe.org] or [02-3774-5000].

President’s Introduction

“For a country to entertain prosperity and economic growth, free enterprise need to be encouraged.” Choi Sung-no, the president of Center for Free Enterprise (CFE) has been a firm believer and an advocate of free market for many good years. He has been with CFE since its establishment more than 20 years ago and takes pride in his dedication to the organization and its achievements.

Choi describes CFE's identity as follows: “CFE is a think-tank dedicated to promoting the value of the free market economy through academic research and public advocacy. CFE was founded in 1997 for this purpose, and it remains committed to spreading liberalism and fostering a nation conducive to corporate activities.”

In 2017, Choi became the president of CFE during a challenging period for both Korea and the organization, as it faced political and financial difficulties. However, under Choi’s leadership, CFE achieved financial independence through meticulous restructuring. Today, CFE thrives as a self-sufficient organization, serving as a hub ideas and individuals who champion freedom.

As the president, Choi reaffirms his commitment to CFE’s mission: “My goal is to strengthen CFE as a key organization that promotes a more corporate-friendly environment in Korea. I believe that the principles of free enterprise are crucial to fostering new ideas and successful ventures, which will ultimately drive societal progress.”

A scholar and a prolific writer, Choi enjoys sharing his work with the public and his peers. In addition to numerous independent publications, he has authored over 20 books on the market economy. Choi has also served as president of Market Economy Society since 2017 and as secretary-general of the Korean Association of Christian Economists since 2015.

 

Organization chart


organiztion chart


원장님

Sung-No Choi

  • Ph.D Economics, Economist
  • 2017 – Present │ President of Center for Enterprise
  • 2017 – 2021 │ President of Market Economy Society
  • 2021 – Present │ Secretary General of The Korean Association of Christian Economists

Books

  • Economic Freedom Index 1997, Byeong-Ho Gong and Sung-No Choi, Center for Enterprise, 1997
  • Why Does Socialism Fail, Free Economy School, Sung-No Choi, 2014
  • A Just System: Capitalism, Free Economy School, Sung-No Choi, 2014
  • What is a Market Economy, Free Economy School, Sung-No Choi, 2014
  • Rediscovering Welfare, Free Economy School, Sung-No Choi, 2014
  • Reborn as an Entrepreneur, Free Economy School, Sung-No Choi, 2015
  • Moments of Freedom, Knowledge Hub, Sung-No Choi, 2022
  • 7 Principles of Freedom, Knowledge Hub, Sung-No Choi, 2022
  • For Those Struggling with Capital, Knowledge Hub, Sung-No Choi, 2024
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kek

Kelly Kwack

  • Ph.D Economics
  • 2017 – Present │ Secretary-General of Center for Free Enterprise
  • 2017 – Present │ Executives of The Korea Hayek Society
  • 2019 – Present │ Secretary-General of Consumer Watch

Studies

Kelly Kwack holds the position of Secretary-General at Center for Free Enterprise (CFE). She has been affiliated with CFE since 2005, during which time she has developed substantial expertise in the fields of publication, education, and research.

Kelly had her undergraduate degree in journalism and broadcasting, as well as a master's degree and a doctorate in economics. Her doctoral thesis was on the impact of corporate integration. Her area of expertise continues to be centered on the influence of media markets and corporations.

The individual in question holds a firm belief that a free market is essential for achieving economic prosperity. Driven by her enthusiasm for the topic, she actively promotes her beliefs. Her principal activities include writing, initiating projects, and developing educational programs. Significantly, several of the books to which she has contributed have attained bestseller status. The investigation and clarification of intricate topics within the context of culture and the arts constitute her area of expertise.

In addition to her various responsibilities, Kelly has occupied an executive position with the Korea Hayek Society since 2017. Recently, she has expanded her professional focus by engaging in a project aimed at promoting and enhancing awareness of consumer rights, known as Consumer Watch.

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Location


location

Address

7F, 9, Gukhoe-daero 62-gil, Yeongdeungpo-gu, Seoul, Republic of Korea (zip: 07236)