9.26.2021

Free Markets

Chris Dillow at Stumbling and Mumbling on The Death of Free market Ideology

"Capitalism can encourage people to behave in socially productive or unproductive ways: to devote their energies to building homes or finding new tax loopholes; to developing life-saving drugs or running offshore sweatshops. It can stimulate fruitful investment, or the search for unwitting clients to be ripped off."

A free market doesn't necessarily lead to an honest market. 

 

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