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Talk:Market economy

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This is an old revision of this page, as edited by RJII (talk | contribs) at 16:26, 14 February 2006 (Underground economy). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

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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)