4 ms·

Actually the original ‘free’ in free markets meant free from economic rents

• ben_w 5y ago
  Ah, that makes a lot more sense than the generalised freedom I’d assumed. I really should read Wealth of Nations…
• dahart 5y ago
  Sure, but that’s not what it means anymore, right? Today’s “free” means no regulation.
  • deleted 5y ago
    [deleted]
  • awakeasleep 5y ago
    Yeah now it means “free to capture economic rent” almost the exact opposite.