Mises Wire
Author:
George Ford Smith
Online Publish Date:
This article is based on chapter 8 of my 2020 book , Do Not Consent: Think OUTSIDE the Voting Booth. If someone asked you to define “free market,” could you? Could you do it on the spot without recourse to dictionaries or other crutches? The term “laissez-faire economy” might do as a first response. But what does it mean? In Capitalism: The