“Underlying most arguments against the free market is a lack of belief in freedom itself.” (Friedman) As we all recognize, Friedman firmly appraised exertion of a free market. Free marketing is a market that attains no governmental consent in means of acquisition or pricing of commodities. In Friedman’s eyes as Americans we should be independent enough to rectify our own market. America is known for its freedom and rights constructed from the founding fathers into the constitution. We as Americans must defend our rights towards marketing. Free marketing will benefit the economic status of our country while sustaining our freedom.
Insight of free marketing shows that it brings up the economic status of the country. But some may think that
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The work of Regan’s recession recovery paved the way to a twenty five year economic boom. A substantial majority of his ideas were greatly diverse than Keynes. How did he achieve such a feat? Reagan was a true activist on deregulation. He blamed over regulation for preventing the growth of the economy. His idea was that the incessant taxing was also driving the economy downward. Reagan also made many federal spending cuts which helped him drive the U.S. out of the recession.(wiki Reganomics) The basis of Reagan's ideas and actions predominantly derived from the notions of economist Milton Friedman. Who had been his economic advisor at the time. His ideas had great influence of the 1980’s.
“I think that nothing is so important for freedom as recognizing in the law each individual’s natural right to property, and giving individuals a sense that they own something that they’re responsible for, that they have control over, and that they can dispose of.” (Friedman) I belive that this is entirely true not only do we deserve to have freedom we also should conduct our trades when we want and where we want. Government regulation does not allow us to do so. We also should look to the property of rights. It states directly in the constitution we have private property rights. “a private property right includes the right to delegate, rent, or sell any portion of the rights by exchange or gift at whatever price the owner determines.” (EconLib) A free