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Wikipedia and the American Heritage Dictionary expressly disagree: "In economics, a free market is an economic system in which the prices of goods and services
by falcolas 2y ago
Wikipedia and the American Heritage Dictionary expressly disagree:
"In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority."
- epistasis 2y agoGood point, I shouldn't use the term "free" market. I mean a functioning market, as is intended by anti-monopoly law.