I can't find a source defining free markets as requiring government intervention, I'd be really curious to e one of you have it.
Adam Smith didn't think government intervention was necessary, as best I recall. He described what he called the invisible hand, but that is the natural market forces of self-interested parties not government control.
I copy/paste a quote from Investopedia right now for some reason, but Smith described his opinion of the tiles of government and it specifically didn't include controlling the free market
I can't find a source defining free markets as requiring government intervention, I'd be really curious to e one of you have it.
Adam Smith didn't think government intervention was necessary, as best I recall. He described what he called the invisible hand, but that is the natural market forces of self-interested parties not government control.
I copy/paste a quote from Investopedia right now for some reason, but Smith described his opinion of the tiles of government and it specifically didn't include controlling the free market
https://www.investopedia.com/updates/adam-smith-wealth-of-na...