Tag: Pope John Paul II
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Economic Fallacies: “‘Free Markets’ Equals Lawlessness”
The "'Free Markets Equals' Lawlessness" fallacy understands free markets as markets without any restriction on the activities of individuals or corporations. To examine the idea of free markets, let's look at one of our most cherished freedoms: freedom of speech. Most Americans see free speech as a very positive thing. They seek to protect it…