Early advocates of the free market, like Adam Smith, made two distinct arguments for capitalism.
Does McCain think the government is better than the free market at choosing which kinds of companies are likely to flower?
For the time being, as long as the tax subsidies flow “Free Willy” has no place in the Japanese "free market."
But if that were the case, the free market would have addressed them already.
Transparency is what keeps the wheels of the free market—and, coincidentally, your sex life—greased.
All gear and fittings are standardized, and there is, besides, a free market in second-hand things taken out of condemned barges.
Most of it, instead of entering the free market, went to the Bank of England.
Where monopoly exists, the free market condition being non-existent, price may be constantly elevated above value.
Into this vacuum – the interregnum between centrally planned and free market economies – crept crime.
Formerly a point of anchorage for small vessels, it was made a free market in 1699.