Thursday, February 26, 2015
What Is a Free Market?
That is the question, among others, posed to me by Dan Elmendorf on his radio program A Plain Answer. That program is produced and broadcast on the radio stations in the Redeemer Broadcasting network. In the interview I do discuss the economics and morality of the free market, identify the institutions necessary to support such a market, and the consequences when governments interview via a host of measures. My goal was to introduce listeners with perhaps no formal training in economics to sound analysis. You can see if I succeeded by clicking here.