It's important to remember that "free market" does NOT mean "no regulation". A market inherently requires regulations (i.e. contracts, trademarks, currency poli

It's important to remember that "free market" does NOT mean "no regulation". A market inherently requires regulations (i.e. contracts, trademarks, currency policy, etc). Even Adam Smith knew this. [0]http://economistsview.typepad.com/economistsview/2010/03/adam-smith-and-the-role-of-government.html http://economistsview.typepad.com/economistsview/2010/03/ada...