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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (40017)12/29/2009 2:04:10 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Yes you are making up your own definition, or using a faulty one you got elsewhere.

A distortion in the market, doesn't imply that you don't have free markets.

Free market means a market where the people freely make their own economic decisions. That includes a monopoly as long as it isn't protected. If it didn't and you include very narrow monopolies and temporary monopolies it would essentially be impossible for any but the most simple market to be considered free since many items are not undifferentiated commodities.