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Daesung Kim escaped from North Korea in 1997. Today he is a venture capitalist in Seoul, South Korea, who funds fellow North Korean refugees, giving them their start in business and putting them on a path to self-reliance.

Sylvia Banda is a Zambian entrepreneur who is playing a critical role in the development of rural Zambian farming. Working only with hand tools, and living in villages without electricity or plumbing, the farmers have found a reliable partner in Sylvia, who teaches them improved farming techniques.

John Hernandez is a bee farmer in Chile. Facing a drop in world honey demand, he transformed his business into selling queen bees to France. Because his Southern Hemisphere summer bees are available in January, he can double the capacity of European bee farmers. He now conducts a thriving international business.

Presented by Swedish author, commentator and Cato Fellow,
Johan Norberg, Economic Freedom in Action: Changing Lives features these stories of economic freedom in action in Zambia, South Korea, Slovakia and Chile.

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Johan Norberg travels along the same path Milton Friedman did thirty years prior. Asking the same questions Milton did, about Freedom and Equality. No matter where you come from, whenever you have a problem, it’s tempting to look to the government to look for the solutions. Since the recession of 2008, we've seen unprecedented government intervention in the financial sector, and in the automotive industry. We've seen new spending programs, more tariffs and new regulations. And we've seen the largest buildup of government debt in American history; a debt that might haunt us for generations.

Some people blame the financial crisis on Milton Friedman and his theories of free markets, but Friedman would say that economic freedom is not just to reap the rewards when times are good; it’s also to bear the consequences of your actions when times are bad. We don’t have free markets as long as speculators can keep the profits when they win, but send the losses to the taxpayers when they lose.

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In a small village as seen, there are about six private schools. There are so many private schools because they are all in competition with each other, each of them want to innovate. All this competition between schools can be beneficial to the parents, the students and the education system. Some people believe that you should have public education, and others argue that you should only have private education, but what really works for the children? Every single parent wants the best for their children, they want them to have a good education and advance in life. "What Works for the Children" is apart of the series "The Ultimate Resource."

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Globalization at the Crossroads features renowned Peruvian economist and author, Hernando de Soto. His twenty years of research show that economies prosper only in places where widespread personal property ownership exists—coupled with inclusive, efficient, and transparent business and property law.

This program demonstrates how the West successfully revolutionized its legal systems, property laws, and developed the modern corporation. Other nations that have instituted private property and business reforms, such as post-WWII Japan and present-day China, have seen their economies take off and their middle classes grow. Globalization is the new civilization. But unless we include the 80% of humanity currently excluded from the system, they will bring civilization down, as they have brought down other civilizations in the past.

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