Censorship by the LIBERAL Democratic phonies

Cliffy

Standing Member
Nov 19, 2008
44,850
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Nakusp, BC
Methinks some people have been watching Glen Beck too much. This hysterical nonsense has his and FOX's signature all over it. Total disinformation.
Oh, and the Tea Party. They should stick to tea bagging.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
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Isn't the term "regulator in a free market" sort of a oxymoron? A free market should be just that, free with no regulations.

Yeah, and then when I don't like the terms of our contract, I walk away and don't pay you. There are no free markets...except maybe black markets. It's just an idealization.

Here's a decent working definition:
Investopedia explains Free Market
In simple terms, a free market is a summary term for an array of exchanges that take place in society. Each exchange is a voluntary agreement between two parties who trade in the form of goods and services. In reality, this is the extent to which a free market exists since there will always be government intervention in the form of taxes, price controls and restrictions that prevent new competitors from entering a market. Just like supply-side economics, free market is a term used to describe a political or ideological viewpoint on policy and is not a field within economics.