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Free Market
(redirected from Free-market conservatism)

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Free Market
A system of economics that minimizes government intervention and maximizes the role of the market. According to the theory of the free market, rational economic actors acting in their own self interest deal with information and price goods and services the most efficiently. Government regulations, trade barriers, and labor laws are generally thought to distort the market. Proponents of the free market argue that it provides the most opportunities for both consumers and producers by creating more jobs and allowing competition to decide what businesses are successful. Critics maintain that an unfettered free market concentrates wealth in the hands of a few, which is unsustainable in the long term. In practice, no country or jurisdiction has a completely free market. See also: Deregulation, Classical economics, Keynesian economics, Marxism, Monetarism, Chicago School, Austrian School.


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The correct economic policy framework now comes unambiguously from liberal-left thinking - paradoxically more pro-business than free-market conservatism because it promises to keep order books full and business confidence high.
Two general themes run through the book: One is that today's Latino immigrants aren't different from earlier immigrants, only newer; and the other is that an open immigration policy is not only compatible with free-market conservatism and homeland security, but it is also good for the economy.
By 1987, the Group of Seven leading economic nations had undergone startling political realignments that fostered aggressive free-market conservatism.
 
 
 
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