What is free market?

Free Market

A free market is a market where the price of a good or service is, in theory, determined by supply and demand, rather than by governmental regulation. A free market contrasts with a controlled market or regulated market, where price, supply or demand are subject to regulation or direct control by government. An economy composed entirely of free markets is referred to as a free-market economy.

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Some articles on free market:

Subprime Mortgage Crisis Solutions Debate - Government Bailouts - Arguments Against Bailouts
... An essential element of a healthy free market, is that both success and failure must be permitted to happen when they are earned ... the natural regulations and incentives of the free market to pick the winners and losers in our economy, not the whims of bureaucrats and politicians." Nicole Gelinas ... a volatile public...In saving the remnants of failed companies from free-market failures, Washington may be sacrificing the public’s confidence that the government can ensure that free markets are reasonably fair ...
Pacte De Famine - History
... Turgot followed members of an early version of free market economics emerging in France at the time, inspired by Confucian teachings, known as Physiocracy ... Vincent de Gournay was the free market Intendant for Commerce and he and Turgot spent extensive time together ... He had worked to implement free market reforms on a local scale ...
Socialism For The Rich And Capitalism For The Poor - History and Usage
... Young has been cited for calling the United States system “socialism for the rich and free enterprise for the poor”, and Martin Luther King, Jr ... Since at least 1969, Gore Vidal used the expression “free enterprise for the poor and socialism for the rich” to describe the U.S ... as “a kind of socialism for the rich and free enterprise for the poor that leaves the most vulnerable out in the cold” ...
Banja Luka Stock Exchange - Free Market
... The free market lists securities that meet all general conditions for listing ... Securities are listed on the free market segment if required by the issuer or by the law ... process and publicly offered shares are listed on the free market after registration with the Central Registry of Securities ...
Free Market - Criticisms - Simulation of Biological Laws
... See also Social Darwinism The free market is believed to self-regulate in the most efficient and just way ... Smith described this behavior applied to competitive markets with the metaphor of an invisible hand urging society towards prosperity ...

Famous quotes containing the words market and/or free:

    Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?
    Henry David Thoreau (1817–1862)

    There the wicked cease from troubling, and there the weary are at rest. There the prisoners are at ease together; they do not hear the voice of the taskmaster. The small and the great are there, and the slaves are free from their masters.
    Bible: Hebrew, Job 3:17-19.