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An article by James L. Wilson, "According to Nature".
We hear criticisms of the “free market.” But the free market is not the problem; it doesn’t exist, so how can it be at fault? Much of what is criticized in the market are actually government disbursement of privileges that make it less free in exchange for being more “efficient” for some people. Especially the corporation, a creation of government similar to Frankenstein’s monster. In a free market, there would not be corporations with charters and privileges protected by the government. In a free market, if a company went bankrupt, those who invested in it, would lose their investments and would have to help pay for any liabilities for the company. We do not have that today.
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