The Great Aim of Education is not Knowledge but Action - Herbert Spencer

Stuff You Should Know: Is a free market “free” if it’s regulated?

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Comment by andrew warren on May 10, 2011 at 8:10am

I thought this podcast wasn't that interesting. it probably would have been more interesting to me if I didn’t already know most of the things mentioned in the podcast.

Comment by Jeffrey David DeWilde on May 10, 2011 at 8:09am
      The podcast on the free market was very informative. It talked about the market of supply and demand. It was a very nice way to learn about the different cases that have occurred were a certain company controls too much of the supply and the government steps in and regulates it. It also helped to get the minimum wage that was not there to long ago. Overall the podcast was a great way to learn about the market.       
Comment by William Bailey on May 10, 2011 at 8:03am
        I agree with the podcast that a free maarket isn't really a free market when it is regulated. I do think that when people made a free market in America they meant it has more freedom compared to the rest of the world's markets.
Comment by Alexander Michael Harrelson on May 10, 2011 at 8:02am
I think this was a good talk. The reason that I think this was a good talk is because it gives you a lot of good information. The father of Capitalism is Adam Smith. Capitalism demands that companies keep wages low. It is pretty much a survival of the fittest scenario between companies. The U.S. does not have a free market economy. The U.S. has a managed economy.

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