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Thread View: fj.sci.economics
1 messages
1 total messages Started by Roy Davidson Wed, 31 Mar 2004 21:31
In praise of the free market
#449
Author: Roy Davidson
Date: Wed, 31 Mar 2004 21:31
37 lines
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A free market (or what is sometimes referred to as free trade) has not
been adequately defined. The politicians, spin masters and economic
witch doctors will often refer to free trade as a somewhat less
restrictive policy vis a vis the exchange of goods and services between
nations. They might even suggest reducing the heavy hand of the
political state re: internal markets. But they miss the forest for the
trees in not delineating the free market. 
I would suggest that free trade or a free market means that individuals
or businesses anywhere in the world are able to exchange goods or
services of any description without hindrance. This means with respect
to goods and services; a)no taxation or tariffs, b)no subsidies, c)no
regulation, d)no intimidation or harassment. In short, willing and able
buyers and sellers are totally off limits to the political state. 
In the final analysis, economic freedom is the sine qua non of all other
freedoms. Societies developed from barbarism to civilization to the
extent that markets prevailed over rulers. 
                                                               


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<html><font color=white>Liberty not the Daughter but the Mother of
Order</font><font color=white> PROUDHON </font>See <a
href="http://www.angelfire.com/rebellion/physiocrat/index-3.html">Champions
of Liberty</a>                                


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