Student Outreach Programs of Center for Free Enterprise, Korea

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Student Outreach Programs of Center for Free
Enterprise, Korea
Atlas Liberty Forum
April 27, 2005 Chung-Ho Kim President www.cfe.org
/english
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1. CFE Facts

• Mission
• Propagation of Free Market Principle to the
  Koreans
• Established in 1997.
• of staff members 10.
• Endowment  11 Mil. USD.
• Annual Budget 1.8 Mil. USD.
• 75 of the budget is funded by the FKI.

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2. CFE Activities

• Hub of Korean Libertarians
• CFE serves as a hub of Korean libertarians by
  providing them with the opportunities to publish
  their views.
• CFE sponsors the Association of Free
  Marketers
• I ? Free Market(current members 1,300).
• E-Mail Newsletter
• of subscribers 50,000 opinion leaders.
• Four issues every week.
• Student Essay Competition

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I ? Free Market
On A Trekking
Monthly Lecture
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Larry Reed speaks for the Student Essay Award
Ceremony.
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• Publications
• Translation of Classics Hayek, Mises, Friedman,
  Simon, Jacobs, Gwartney Stroup
• Publication of Works by Korean Libertarians
• NGO Monitor Series
• Corporation Law Research Series
• Cyber Law and Econ. Series
• Education
• Teacher's Ecodemia
• Academy for Open Society
• Student Outreach University Understanding Free
  Market

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Free Market for the Seventy Million
Translation of ltGwartney Stroup, What Everyone
Should Know About Economics and Prosperity,
Fraser Institutegt
Used as a Textbook for CFE Programs
Samsung Corporation requires 6,000 new workers to
read it.
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Teachers Ecodemia
The 8th Teacher's Ecodemia. Visiting Samsung
Electronics.
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3. Student OutreachUniversity Understanding
Free Market

• Credits 2 or 3
• of Schools 20(2005 Spring Semester)
• of Students 2,150
• CFE's Role
• Sponsoring expenses(10 mil. krw for 3 credits).
• Supplying or recommending lecturers.
• Comprehensive evaluation of the performance.

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Eager to Understand Free Market
Gangnam University
Soongsil University
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• Typical Course Outline Introduction Thirteen
  Lectures Two Exams

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• Typical Course Outline(Continued)

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• Why do we do it?
• Most students are taught that free markets are
  full of failures.
• Economics professors indulge in technical details
  rather than the implications and evidences.
• Non-economics professors teaches only the
  failures and shortcoming of the free market
  system.
• CFE program emphasizes the importance of free
  market principle, such as the self-help, economic
  freedom and property rights.

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• Results
• It works
• In the beginning, we were afraid that students
  avert from our program.
• But, it turned out that their reactions were very
  favorable.
• Result of the questionnaire survey
• Does the capitalist economy makes the rich richer
  and the poor poorer?

Based on the Fall of 2005 Semester Program.
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• Limitation
• Shortage of Lecturers due to the shortage of
  libertarian thinkers.
• Differences in Views.
• Shortage of Budgets.
• Help Wanted
• If you have a chance to travel Korea, let us know
  in advance so that we can arrange a lecture in
  some colleges. 

Thank You!