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Free Market
(redirected from Free-market economics)

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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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For in truth, the "world's major economies" could indeed reform finance, put people back to work, and "avoid the booms and busts of the past"--by restoring free-market economics, getting rid of central banks, and re-instituting the gold standard.
G-20 summit by Scaliger, Charles / The New American
We must remember that although it is tempting to rely on the principles of free-market economics, our local leaders must not overlook the fundamental economic principle of supply and demand.
How Local Elections Can Dictate the Value of Your Home by Brian S. Icenhower / Real estate industry community
The document brought signatories from both camps together to endorse a statement demanding tax-funded vouchers for school "choice," an end to legal abortion, curbs on erotic material, a commitment to free-market economics and more religious content in public schools.
Colson says alliance of Catholics and evangelicals will continue its ... by Church & State
 
 
 
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