Often the term "free market" is used when one means "competitive market" or perhaps an "open market" or a "market without market failure". Also, for there to b

Often the term "free market" is used when one means "competitive market" or perhaps an "open market" or a "market without market failure". Also, for there to be a free market, there needs to be some sort of market which probably requires a sense of property rights. Whether property rights are in the "natural" state of things is an argument for the philosophers I suppose.