Certainly, the free-market economy
is not the only economic system in the world.
Even a free-market economy
isn't a perfectly efficient world where all opportunities are grasped and acted upon instantaneously; sometimes businesses make mistakes because they are stuck in a mindset that, say, puts a higher threshold payback period on energy savings than on other investments.
These countries hesitate to undergo the necessary transition from a totalitarian Communist regime to a free-market economy
Now these entrepreneurs face a new challenge: the measures designed--at the urging of American economists--to thrust Poland headlong into a free-market economy
It is time for those of us who reap the benefits of a free-market economy
in a free society to unite against the villainy of some who don't.
Like so many institutions in post-Soviet Russia, it has lost its state support and is struggling to pay its bills and find a niche in the free-market economy
This is why I have characterized the official Peruvian economy not as a free-market economy
but as a mercantilist economy.
Examining the importance of a repressive culture that discourages individual freedom and empowerment in providing a complacent and obedient public to service a free-market economy
, he draws a somber picture of a nation manipulated by carefully orchestrated public representations, the suppression of conflicting images, and the squelching of the opposition through such actions as resuscitating the draconian McCarran-Walter immigration act and instituting government "spying" programs.
Convinced of the need to convert to a free-market economy
, the CIS has opened its arms to foreign investment and embarked on an ambitious, radical privatization program.
The establishment of standards of freedom and ethical conduct in legal affairs, the nascent free-market economy
, the post-Communist civil society, and unfettered inquiry and belief were addressed.
It was formed in 1995 as a means of developing a worldwide free-market economy
, a process referred to as globalization.
At her news conference in the capital last week, Chamorro defended her performance, saying she has faced ``enormous obstacles'' in her effort to turn a dictatorship into a democracy while simultaneously transforming a socialist economy into a free-market economy