free market

In a free market, interest rates, like the price of any other consumer good, are decentralized and set by the market.

But because much of this industry still relies on subsidies to be competitive with fossil fuels, it is still not a true free market.

America's free-market capitalism has always been a model for the rest of the world.

Even with the deregulation that created the derivatives market, the banking industry is still heavily regulated. There was no free market.

And this seems to be the fundamental point here a free market in goods and services requires a free market in innovation and ideas.

But I also believe that the free market has never been about taking whatever you want, however you can get it.

It will bring down the cost of prescription medicines. Free-market principles are the only things that reduce costs and improve quality.

One of the central issues was the existence or non-existence of a free market.

Her work has helped arts and cultural groups deal with a free-market economy after years of depending on government support.

Someone is paying you to do this, so if you believe in the free market at all the greatest happiness is served by you actually doing it.

What made it possible for such a large share of GNP to be invested in an essentially free-market economy?

There would appear to be, at a minimum, an association between a productive free market and a democratic form of government.

The main argument seems to be that Congressional oversight over the Fed is government interference in the free market.

In Professor Friedman's view, government had the opposite obligation: to keep its hands off the economy, to let the free market do its work.

Land use will no doubt continue to shift back and forth between agriculture and forestry as well as other uses in the free market.

S. is so devoted to its own version of the free market that it has become ideologically resistant to finding new solutions to new problems.

The problem seems to be that people insist on thinking in binary terms; free market or communist, successful or unsuccessful.

During the ceremony, he said he would govern as a moderate, promising to keep existing free market policies.

All this was volubly explained as the result of insufficient regulation of an inherently unstable free market system.

Quite a few hold views that would not be out of place at the American Enterprise Institute or other free-market think-tanks.

These reforms and others democratized and civilized what had been a savage version of free-market capitalism.

"They claim to be free-market advocates, when it's really an anything-goes mentality, " she said.

Some of these analysts take traditional free market supply-demand techniques and try to apply them to a socialist market economy.

HENRY HAZLITT, one of the great popularisers of free-market thinking, once said that good ideas have to be relearned in every generation.

At a time of crisis for free-market liberalism everywhere, it must rank as a central goal of Western civilisation.

He wants to style himself as a "pioneer" of a new moral capitalism, rowing back on the free market promises that brought him to power.

In a free market the price of money is determined by supply and demand, just like the price of other goods.

Above all, it is a rare example of a mainly Muslim country with a thriving, secular democracy and a liberal, free-market economy.

And nuclear is hardly the only energy source that hasn't stood up in the free market once you factor in the external costs.

"In today's free market, I don't think you can stop projects by Chinese companies to expand overseas, " he said.

One of Latin America's most advanced economies, Chile has been a darling on Wall Street for its free-market ethos.

Others believe it is nothing more than a feeding frenzy for the free market and an excuse to get people to open their wallets at every turn.

Given that China is not exactly a free- market economy , the extent to which wages rise will depend in no small part on government policy .

And, although Mr Sarkozy has embraced the case for change, his instincts are not at all those of a free-market Thatcherite.

The theory of the free market suggests that the lower the price of a product, the bigger its potential market should be.

In his recent congressional testimony, though, he admitted that he found a "flaw" in his free-market model.

These could be at least as damaging as the free market fundamentalism that they would seek to replace.

Perhaps it was no coincidence that Chicago was also the centre of free-market economics.

He admired her, and was amazed at the vigour with which she took on the unions and defended the free market through the 1980s.

They have been smart enough to modify and improve rather than scrap some of the free-market policies of the previous regime.

Many market liberals would prefer to leave the financial sector to the rigours of the free market.

In a 2006 poll, only 36% agreed that the free market was the best system available, compared with 71% of Americans and 66% of the British.

One result was that Americans, traditionally fonder of the free market than the rest of the world, became less so.

Complete free market competition and the related balanced labor force price are nothing but theoretical abstract.

But a part of me says that the trouble is really because we're afraid to have a truly free-market economy based on pure capitalism.

What would happen to gasoline consumption under such a policy as compared to a free market allocation?

For Chinese, striking the balance between state intervention and a destiny decided by free market forces can be distinctly difficult.

NARRATOR: To the horror of his own political party, the prime minister g*e the green light for free-market reform.

An industry that embodied the free market turns out to be pathetically dependent on the state for its survival.

Thomas: Let's just say that he takes full advantage of a free market and there's nothing wrong with the gray market.

After all , it seems profoundly bizarre to have the state underpinning housing so deeply, in a country that espouses free- market ideals .

They cite free-market reforms in Sweden, where new schools have, in a little over a decade, captured a tenth of the market.

When it comes to US mortgage finance, the dream of a nation in which the free market rather than government decides will remain just that.

To the horror of his own political party, the prime minister gave the green light for free-market reform.

One, that politicians truly do not understand the very basic tenets of a free market.

The free market classical economists offered important advice to any culture hoping to enjoy rapid economic growth or an improved future.

The goal of the law was to create a free-market economy in which any single communications company could compete in any marketplace.

But if Hoff is a businessman turned environmentalist, as trusting of the free market as he is of photosynthesis, Reij is a radical at heart.

Jenna Suharto moved to China from New York with her husband two years ago, and saw an untapped, cupcake-free market.

It remains a shining (and rare) example in the Muslim world of a vibrant democracy with the rule of law and a thriving free-market economy.

The implementation of a free market economy, competition, survival of the fittest is the law of nature.

If he were to win this time, investors would worry about changes to Peru's free-market policies.

The free market, with its voluntary cooperation between individuals for mutual benefit, is the epitome of lawful, responsible behavior.

Chaos, to economists, is known as the free market, where the invisible hand matches supply with demand.

We'd say it was a combination of low tax rates, a strong dollar, low inflation and other free-market reforms.

A special break for this particular form of investment profit distorts the free market in two ways.

Many attacked it as a perversion of free-market economics and a departure from Reagan-style liberalism.

A public good is something that the free market tends not to provide on its own, to the detriment of society.

Free-market ideology turned out to be an excuse for new forms of exploitation.

One bone of contention between China and the U. S. , is whether or not China is a "free market economy" .

Then the free market, not lobbyists and politicians, would decide which models work and which did not.

In the years before privatization, the company made a lot of changes to prepare it for the free market.

A system in which currencies have no fixed parities and exchange rates. Prices are determined by supply and demand in the free market.

Some of the known civics are Free Market, Environmentalism, Slavery, Serfdom, Free Speech, Conscription, Emancipation, and Nationhood .

In a free market, it is up to the banks to decide which reference rate to use for mortgage lending.

As prime minister, she was determined to repair the country's finances by reducing the role of the state and boosting the free market.

Without a state monopolizing the industry, in free-market anarchy private judges would offer their services.

I wouldn't be so sure about that. Yes, a free-market does well in politically free countries, but it has also thrived under dictatorships.

One likely outcome is an agreement on giving duty-free, quota-free market access to most imports from the least-developed countries.

At first glance, Yiannis Boutaris would seem to be an unlikely free-market reformer.

A democracy, it follows free-market policies and is one of the world's seven fastest growing economies.

A senior official later identified an EU summit in December 2008 as the moment of maximum danger for the free-market cause.

It has private businesses, a free market of sorts and a great taste for consumption.

The author pointed out that those credit did not lose the investment foundation based on the free market or limited control concept.

Managing all the strains of a fast-developing society is easier if there is a free market in opinions as well as in goods and services.

It is sad to think of the many creative, free market solutions that government prohibits with all its interference.

Rightly or wrongly, voters blamed the slowdown on the free-market reforms known as the Washington consensus.

As a result of externality, Circular economy cannot develop without institutional supports in a free market economy.

American journalism is not just the product of the free market, but of a hybrid system of private enterprise and public support.

For a while the industry has found comfort in free-market America, where most big drugs firms earn half or more of their profits.

For a while the industry has found comfort in free-market America, where most big drugs firms earn half or more of their profits.

But faced with a free market global economy, China is seeing the limitations of this time-tested system.

NARRATOR: Perhaps the greatest political impact was on the Labor Party that had all along opposed Thatcher's free-market policies.

One is to, in effect, nationalize the major banks, which would be hugely expensive and would undermine our free-market system.

The United States, he worries, could lose its place as the standard-bearer of traditional, free-market capitalism.

And here at home, free market capitalism is what transformed America from a rugged frontier to the greatest economic power in history.

This "currency war, " although far different from its military namesake, has equally significant implications for free-market global trade.

The writer is the president of Eurasia Group, a political risk consultancy, and author of 'The End of the Free Market'

'The tone suggests that the White House gets how important it is to keep the free-market structure, ' Mr. Harte said.

I know, you're probably saying "we've never had pure, free-market capitalism in the United States" and I concur.

Already many have declared the death of the Thatcher-Reagan revolution and the end of an era of "free-market fundamentalism" .

Worst of all, bonuses are being paid in part from subsidies: this is not a free market, but a perversion of it.

that only superficially resemble anything which a real entrepreneur would recognise as free-market capitalism.

It cannot be stressed enough: In the decades after the war, a kind of levee separated polite discourse from free-market economics.

There can be no democracy without civil society and no civil society without a functioning free-market economy.

Around the world free market capitalism has allowed once impoverished nations to develop large and prosperous economies.

And for its part, the commercial sector can finally act as one would expect in a free market: by innovating and cutting costs.

Then, in 1991, the Indian economy opened up, and I saw first-hand the wonders of the free market.

He kept the flame of free-market thinking burning during the long night of collectivism.

"The European commission feels that energy supplies have to be sold in a free market, " said its spokesman, Ferran Tarradellas Espuny.

They assume that if a "pure" free market was allowed to flourish then it would be okay.

A stimulus will work if and when it serves to increase profits, because profits are at the core of a free market system.

Governments and major lenders like the World Bank and the International Monetary Fund turned to free market policies.

All three moves sit a bit oddly with the free-market and small-government ideals of which Mr Howard is perhaps Australia's biggest champion.

From the free market economy to a market economy country control over the status and welfare of workers has been greatly improved.

Then came stagflation, taxpayer revolts, fiscal crisis and a triumphant revival of free-market ideas.

Professor Sandel applies the issue of free-market exchange to a contemporary and controversial new area: reproductive rights.

Yet Vietnam, hardly a paragon of free-market capitalism, is one of nine negotiating countries.

Former US senator from Texas, free market advocate with a PhD in economics who fought long and hard for financial deregulation.

But no matter how perfect and comprehensive the regulation may be, risks always exist in an open and free market.

It also managed to narrow the gap between the official exchange rate and the price of the dollar in the free market.

MARK GARNETT: Joseph felt that it was his duty to fight back on behalf of the free market.

Corporations, whose leaders portray themselves as champions of the free market, were in fact created to circumvent that market.

The proposal outlined here allows the power, creativity and wisdom of the free market to produce the best solution.

The important distinction is not between the free-market robber baron and the authorised and regulated toll gatherer.

In a free-market economy, this grossly imbalanced situation would lead to both a property crisis and a banking crisis.

But it is evident that the Internet, as an example of a relatively free market, often derails these arguments.

Negotiators tried to accommodate those concerns, adding in the insurance proposal, as a way to bring a more free-market patina to the bill.

And, in a democratic free market society, a multicultural meritocracy is much more palatable than an Episcopalian aristocracy.

In other words, if the value of the yuan was not "manipulated" and instead was set entirely by the free market, it might fall, not rise.

BIG-STATE, social-democratic Sweden seems an odd place to look for a free-market revolution.

Members of the John Birch Society developed an interest in a school of Austrian economists who promoted free-market ideals.

Left to its own devices the unbridled operation of the free market will make these divides worse.

Egypt will need help restarting and then reforming its economy to move from Mr. Mubarak's crony capitalism to a true free market.

The choice is not between the free market and central planning but in getting the right mix of regulation.

This does not mean, of course, that Yugoslavia is "libertarian, " or that the free market has been fully established there.

The old model is busted. The big beasts of free-market economics, Britain and America, are more wounded than other species.

For much of the 20th century, people blamed free-market capitalism for the ills of inflation, recession, depression, and mass unemployment.

Prices are regulated by the law of supply and demand in a free market.

One reason is that insurance, far from being a free market, is already one of the most heavily regulated of industries.

Oh, and thank you Wal Mart shoppers, too, for your support of their free market capitalism! !

Mr Delors managed to take them on by building a coalition of the free-market liberals and believers in European integration.

This is only right in a free market economy. But the Government does recognise that it has to play the role of a promoter and a facilitator.

A country with a working free market, therefore, already has a major component of political democracy.

But Mr Smith is hardly a do-gooding, state-loving dreamer; on the contrary, Tullett Prebon is about as ruthlessly free-market as they come.

These theories opposed the free market economics, believing government interference may improve economic performance.

exactly a decade later it would emerge as the world's second-largest free-market economy after America (a position it still holds-for now).

"It's the attraction of the free market that has brought Europe together as never before, " he writes.

I believe that the free market is the greatest force for creating and distributing wealth that the world has known.

Objectivist : your only rational and moral choice is to take the parachute, as the free market will take care of the other person.

The proximate reason is because foreign exchange rates have not been determined in a free market.

He left the planning ministry after disagreeing with free-market colleagues in the finance ministry and Central Bank.

However with Government supported incentives, including tax incentives. It is not a free market. It is a controlled market.

The most serious objection to free-market law is that plaintiff and defendant may not be able to agree on a common court.

In the new work, the researcher has determined that fairness is integral to a normally functioning free market economy.

Ms Fujimori has campaigned on a programme of free market reforms, but critics fear she may pardon her jailed father if she's elected.

The fashionable answers come in sweeping indictments of speculators, greedy Wall Street executives and free-market ideologues.

EVEN the fiercest free-market advocates would concede that governments can justly intervene to curtail businesses that become too powerful.

But the lobbyist insists he knew Mr Abramoff only as a champion of the free market.

Free-market principles can be irritating, especially when people start taking them literally.

He was fiercely anti-Western, decrying the European Union as a Zionist Christian club and railing against usury and the free market.

Mr Crooke cites the anti-colonial writings of Frantz Fanon with enthusiasm, whereas those of free-market advocates are mocked and dismissed.

He warns American politicians not to pander for votes by pushing anti-free-market initiatives like protectionism.

The Singapore spring, then, is partly a conservative backlash against a government seen as putting too much faith in free-market liberalism.

Emboldened by the current global financial crisis, anti-free-market critics have grown increasingly boisterous.

If we allowed a free market in legal education, the cost of preparing for a legal career would fall dramatically.

"What we are now witnessing in the world is the consequence of too much free-market liberalism, " he said.

Ofgem, the energy regulator, says the free market is not providing the investment needed to safeguard energy supplies in the UK.

You probably won't be surprised to hear that a free-market evangelist like Mr. Bremmer isn't a liberal.

India's insurance industry has experienced a radical transformation from free market to national monopoly and then back to free market.

Vital to this necessary reform is the return to a money which is a useful product produced by the free market itself.

With the unrelenting globalization of the new economy and free-market, so division of labor has become a truly global phenomenon.

Over the decades, the free market system has proved the most efficient way and the just way of structuring an economy.

It kept the free-market economic policies adopted, with costly trial and error, by the dictatorship of General Augusto Pinochet.

The distribution of goods and services and their prices are mainly determined by competition in a free market.

Precisely because it believed so deeply in its own free-market rhetoric, it failed to prevent the crazy abuses of the credit bubble.

James K. Galbraith is author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too.

We've had inflationism, corporatism, big government. We've had no. . . we've not had true free market capitalism.

Political analysts have taken this to mean that he wants to marry free-market reforms with more emphasis on addressing social inequalities.

Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself.

Washington Consensus is a term coined after the cold war for the free-market, pro-trade and globalization policies promoted by America.

They argue this government mandate interferes with the free market and encourages undue investor reliance on credit ratings.

Thus the state runs one or more sectors or parts of the economy alongside generally free market activities.

NARRATOR: Thatcher's free-market message seemed to offer an escape from a Polish economy that was debt-ridden and riddled with shortages.

The free-market economies are sustained by the unquestioned political control of their leaders.

The rule of law underpins our free market, the work of our civil service and the quality of our community.

Singapore embodies a peculiar mix of the free market, state-led industrialisation and paternalism.

Singapore also transcends orthodoxies by embodying what seems an oxymoron to free market purists: planned innovation.

But the virtues of free-market principles and international economic integration remain largely unchallenged.

With the spectacular crash of markets worldwide, the Chicago School, a bastion of free-market economics, has come under attack.

Conservatives bewail their blindness to the distortions that arise from bureaucratic meddling in the free market.

In a free market economy run better countries such as the United States government to market intervention is less.

The FDP's free-market ideology attracts entrepreneurs and professionals. Together they form the "bourgeois camp" .

We believe in the free market as the best tool to sustained prosperity and opportunity for all.

While offshoring kills American economic prospects, "free market economists" sing its praises.

Wu Renbao adopted a set of policies that were an amalgam of free market economics and customary principles of communism.

Even in more established democracies, backlashes against the free market are not uncommon.

In Greenspan's view, free market capitalism is the economic approach that "trumps" other forms attempted thus far in human history.

Even Christine Lagarde, the free-market finance minister, points out that the heavy state now has its advantages.

Over the years, free market ideology has displayed an uncanny ability to resurrect itself.

Except for a rare few, Members of Congress are unaware of Austrian Free Market economics.

Most economists in Europe still say the region needs more free-market changes to improve long-term growth.

So this is how it ends. New Labour was supposed to be a grand reconciliation of social justice and free-market economics.

Now, as Mongolia is reinventing itself as a free-market democracy, it is also searching its past for the means to define itself.

And if economics as a broad discipline deserves a robust defence, so does the free-market paradigm.

When a government implements price controls, it is interfering in the free market and not allowing the free market to function efficiently.

Meanwhile, this causes the dispute about "the transformation of free market of agricultural products into supermarket" .

The benefits of free market capitalism have been proven across time geography and culture.

A genuine free market requires restrictions on the ability of predator multinationals to create monopolies.

That's definitely correct, though it's worth wondering why anyone thinks of China as a free-market success story.

And in every country, fewer people now approve of the change to a free-market economy.

The 30-nation OECD brings together nations committed to democracy and a free-market economy.

But throughout our history, one of the reasons the free market has worked is that we have sought the proper balance.

What's more, we practise sound macro-economic policy of small government, with strong support for the free market.

"These measures are not intended to take over the free market, but to preserve it, " Bush said.

In fact, it has proved even more of an obstacle to genuine free market reform.

Protectionism and nationalism threaten the foundations of free-market economics.

The results have been stunning, consistent with classic free-market theory.

The organizations of civil society rely on a free-market economy for the funds that sustain them.

Even the free-market Nordics are getting in on the act, with Sweden putting together a rescue package for its car industry.

FAITH in the free market is at a low in the world's biggest free-market economy.

Thus, consider a free-market society where gold is the money.

What a terrible precedent this would set, they said, and what a terrible intervention in the Swiss-clock mechanisms of the free market.

Chile was the pioneer of free-market reforms in Latin America.

According to the theory, in a free market, millions vote in a perpetual referendum on the countless products and services on offer.

Free-market partisans in the West were shocked by the Chinese intervention and decried it as a dangerous precedent.

Money arises on the free market, as individuals on the market try to facilitate the vital process of exchange.

Another misconception is that free market economics abandons the thought of a government.

Fourth, the free market cultivates two habits that are essential for democratic politics.

Rather with the U. S. , we would like to establish a free market.

The free market accounts for only about 15 percent of world sugar trade ; the rest is shipped under long-term or preferential agreements.

It is worth remembering that the epicentre of the 2008 disaster was American property, hardly a free market undistorted by government.

e. g. The switch to a free market economy will not be easy.

Not the socialist way, but to try and get our free market working again.

The principal source of political democracy, as I explain in Democracy's Good Name, is a free-market economy.

So come on you free-market libertarians, let's hear your arguments against transparency and accountability.

Left to its own devices, the free market always seeks a work force that is hungry, desperate and cheap.

The idea is create an organisation embracing mutuality as well as free market capitalism.

Some champions of the free market advocate "privatizing" deposit insurance instead of abolishing it.

Policymakers should have intervened to curb the excesses but were hamstrung by free-market ideology.

In a free market capitalist economy, firms follow people and people follow jobs.

But the question "Is the Chinese miracle due to a free market economy ? " is nonsensical .

Below the windows of her flat is a free market.

Our system of self-government and our free-market economy depend on the majority of individual Americans adhering to these values.

As long as Chairman Mao's portrait is on the yuan, don't expect China to engage in trade like a free market economy.

With the upheavals in world capital markets, pure free-market policies are facing more criticism.

Remember March 14, 2008: it was the day the dream of global free-market capitalism died.

Where are the Republican defenders of the free market here?

This purely free market of the textbook, unfortunately, does not exist in the real world.

The Roundtable statement invokes the principles of the free market system.