I'm sorry Twinsen, I have to disagree with you. The notion that the free market will fix all may well be true, but the efects of it fixing itself may be unpalatable. We regulate economies, labour markets, financail markets because the consequences if we don't can be catastrophic.
How many on this site, for instance, would have been utterly wiped out if the GFC had been allowed to run it's course free from interference?
At the end of the day, we have artificial mechanisms like minimum wages and collective bargaining for a reason, to avoid some of the worst aspects of 'the free market'.
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