Company overview


Center for Free Enterprise(CFE) is a non-profit organization established to spread libertarianism and the free market in Korea. CFE is an independent organization and does not accept government funding. It intends to show that prosperity exists when public policy stand up for free market and minimal government intervention in peoples' lives. In this way, CFE strives to make Korea the most prosperous and free country in the world.


CFE performs the role as the medium for libertarians of Korea to be able to inform the people of Korea of their thoughts. We support the principles of individual liberty, limited government, and free markets. The organization serves students, academics, opinion leaders, and anyone seeking better understanding of libertarianism and free market.

About CFE

CFE, Founded in 1997, focuses on introducing liberty as a life philosophy to the people of Korea. CFE publishes books and journals, hosts conferences, produces a great amount of free resources on its website, CFE is dedicated to preserving and strengthening the foundations of a free society. We believe that securing the liberties of citizens and business is a better way than government intervention. That means 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 a free people, it is the indispensable framework for the future. CFE is a non-profit, non-political, tax-exempt think tank dedicated to building a freer, more prosperous society. For more information, see, write us at, or phone us at 02-3774-5000.

Organization chart

organiztion chart

Sung-No Choi

  • Ph.D Economics, Economist
  • 2017~ present President of Center for Enterprise
  • 2017~ present President of The Korean Hayek Society
  • 2015~ present Secretary General of The Korean Association of Christian Economists


  • Economic Freedom Index 1997, Byeong-Ho Gong and Sung-No Choi, Center for Enterprise, 1997




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