Featured Topic
In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly or other authority. Proponents of the concept of free market contrast it with a regulated market, in which a government intervenes in supply and demand through various methods such as tariffs used to restrict trade and protect the economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
FreedomCircle.com provides resources to help you understand what has been called the "philosophy of liberty."
Begin by clicking on one of the items on the Individual-Society graphic below, use the Search box above or follow the navigation links above (or possibly on the left).
The Freedom Circle directory is an extensive reference on topics of freedom and liberty, human life and rational thought, and the economic, legal, political and other aspects conducive to freedom.
In the Main section, the "Show/Hide quotes" button controls the visibility of selected quotes under entries. On a touch-activated device, if quotes are not visible, please tap on an entry to view the corresponding quote. On cursor-controlled devices, the quotes become visible as the cursor moves over the entries.