In economics, a free market is an economic system in which the prices of goods and services are determined … See more

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, … See more

The general equilibrium theory has demonstrated that, under certain theoretical conditions of perfect competition, the law of supply and demand influences prices toward an equilibrium that balances the demands fo… See more

Critics of a laissez-faire free market have argued that in real world situations it has proven to be susceptible to the development of price fixing monopolies. Such reasoning has led to government intervention… See more

• Binary economics
• Crony capitalism
• Economic liberalism
• Freedom of choice
• Free price system… See more

1. ^ Bockman, Johanna (2011). Markets in the name of Socialism: The Left-Wing origins of Neoliberalism. Stanford University Press. ISBN 978-0804775663.
2. ^ Popper, Karl (1994). The Open Society and Its Enemies. R… See more

• Adler, Jonathan H. “Excerpts from ‘About Free-Market Environmentalism.’” In Environment and Society: A Reader, edited by Christopher Schlottmann, Dale Jamieson, Colin Jerolmack, Anne Rademach… See more