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Talk:Market economy

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I will continue to expand this page later tommorrow...much more to come. (Gibby 06:48, 7 February 2006 (UTC))

Underground economy

"The theoretical model of a large-scale free market economy does not occur legally, however the underground economy may be seen as an actualized free market economy."

"May be seen as" is pretty weaselly. A windmill may be seen as a giant waving its arms. Can we cite someone as claiming this? I have my doubts: "free market" presumably means "free from coercion" not just "free from taxes". In my experience, black markets are seldom free from coercion. - Jmabel | Talk 06:09, 14 February 2006 (UTC)

Underground economy and black market don't have the same connotations. Underground economy is a market where trade simply takes place without government taking a cut. Hiring a worker without filing out government forms and paying him in cash, garage sales, selling stuff on Ebay, etc. RJII 16:26, 14 February 2006 (UTC)
Again: do you have a citation for "may be seen"? - Jmabel | Talk 22:59, 20 February 2006 (UTC)

neutrality

The neutrality complaint is stupid. The arguement being made is that it presents the "libertarian view point" on markets. I disagree, I think that by reporting what Hayek and Friedman state about the market is accurate. They, afterall, are economists. Discussing how market transactions are voluntary does not mean that social market theorists are any less valid. Likely they would agree (otherwise they'd get rid of the market and be called Socialists!!!!) There is a section that discusses market externalities, a section that discusses market participation and a section about the free market. There is not much to complain about but the factual reporting of market operations. Nikodemos is simply on a communist hell bent anti libertarian tirade.