Responding to Reich, part 2: Yes, the Government Obstructs the Market

Source: Foundation for Economic Education
by Patrick Carroll

“To demonstrate that Reich is straw-manning our position, it will be helpful to briefly go over the actual free market position on this question before diving into Reich’s comments. Only when we know the genuine argument first will we be able to see whether it is represented accurately. To begin, the idea of a free market and government obstruction is rooted in classical liberalism, a philosophy that — while not perfectly followed — lies at the center of our society.” (06/29/24)