…of a free-market economy”, is so absurd as to be embarrassing. That Adam Smith favoured “a free market economy” is approximately correct. That he asserted that a free market economy…

…biases in the media.” Still happening. Free of details? Free of thought? Free of consequences? That is my take. What does free mean in regards to trade…free product? Free market?…

…light, the choice is obvious: free trade, which creates wealth, is better than restricting free trade, which destroys wealth. (Note that by “wealth”, I mean national wealth, as in GDP,…

…a “free” steak dinner while charging five cents a gallon more than another station at the same airport. The pilot and co-pilot get $50 dinners for free, the gas station…

…a solution in the US. Maybe. But its clear that sometimes the free market, left to its devices, provides fewer and worse choices – i.e., provides less of a free…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

…rather than purchasing more expensive, newly built homes. What’s the Difference Between Cage-Free and Free-Range Eggs? treehugger.com, Hayley Bruning. The “cage-free” egg label indicates that the hens producing eggs are,…

…But for right-wing neoliberalism, the free market is an end in and of itself. Simply put the free market in place, and goodness results. Unlike right wing neoliberalism, however, centrist…

…his discussion of disadvantages of central bank interventions is very odd to me. He seems to define the normal situation and the free market outcome to be the way things…

…spending is subtracted from that to yield net saving. You could instead add the nonmarket inflows to market income, then subtract both market and nonmarket outflows, but that’s not how…