A fallacy is really any argument that is wrong because of wrong assumptions or faulty logic, but leads to a believable result anyway. The free market fallacy is

A fallacy is really any argument that is wrong because of wrong assumptions or faulty logic, but leads to a believable result anyway. The free market fallacy is a fallacy because people who believe the free market solves problems base this claim on the assumption that human beings are rational and have access to all information.