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Free Market
(redirected from free marketeers)

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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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But now, amid the ruins of hedge funds and derivatives, the cyclic collapse of Happy Free Marketeers, I hope that Moynihan Station can rise at last.
Maura Moynihan to Obama: Build Moynihan Station! by Eliot Brown / The New York Observer
Free marketeers believe the state is essentially a tool for looting the treasury; therefore, Frank concludes, when free marketeers are in power, they loot.
What's the matter with libertarians? Thomas Frank blames the freedom ... by Walker, Jesse / Reason
Disaster capitalism' is an insightful way of looking at how the free marketeers have spread the gospel.
Her ranting obscures her reasoning by guardian.co.uk / guardian.co.uk
 
 
 
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