This is less of a "free market" problem than it is an overregulation problem. The article states that the primary issues are state granted monopolies and tariffs on imports, neither of which are "free market".
I just have to comment how this is a perfect microcosm of political discourse.
There's much talk about facts and misinformation these days, but even when the facts are undisputed (ie a production shut down due to safety regulations) we still cannot agree.
Is the problem the free market or over regulation? Is it greedy business or incompetent interference by regulators? Do we want regulations or are regulations the problem?
There's much talk about facts and misinformation these days, but even when the facts are undisputed (ie a production shut down due to safety regulations) we still cannot agree.
Is the problem the free market or over regulation? Is it greedy business or incompetent interference by regulators? Do we want regulations or are regulations the problem?