Part 2 – Do You Free Market Bro?
If you missed it, here is Part 1 of this post from last week.
To follow on from last weeks post on Free Markets this week I wish to cover two things briefly: The myths about a Free Market, and how economically less free countries fare compared to freer countries.
The most overused myth about the Free Market is that it caused the financial collapse, but as I covered last week the financial markets are the most heavily regulated in the world, thus they ain’t free. There was other reasons for the collapse, far from too much freedom, but networks of corruption and cronyism. A free market is when there is absolutely no regulation where two people, or companies can trade freely without government interference.
Venezuela where 36 Trojan condoms cost $755
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