A free market relies on the voluntary exchange of goods and services.
The voluntary nature of the exchange thus ensures that both parties benefit, as either participant can refuse the exchange and only accept an offer that suits his or her interests.
A truly free market can only exist without the interference of government control, as it must behave spontaneously in order to thrive.
As we look at free markets more closely, it’s important to examine the following factors.
A truly free market pushes businesses to protect consumers and provide top quality products and services at the lowest possible cost.
Restrictive monetary policies, such as controlling inflation and interest rates, prohibit the free market from flourishing, and thus must be undone.
Government controlled pricing hinders competition. This, in combination with political interests at play, prevent public needs from being met.
FREE MARKET ECONOMY
A free market economy, fueled by the laws of supply and demand, push businesses to provide goods and services that meet public needs, in return for a profit.
FREE TRADE AGREEMENTS
Liberty requires a free and exchange of goods and services. Free trade agreements must be protected.
The best way to make healthcare affordable and accessible for everyone is to stop the government from interfering with our consumer preferences.
In a free market, the government should not interfere with education, and all barriers to school choice must be removed.
Individuals have the right to pursue new ways of work and on-demand services that suit their lifestyle choices.
WHY FREE MARKETS MATTER TO SFL
Free markets allow individuals to earn mutually beneficial gains from trade. Government interventions such as subsidies, bailouts, licensing, and other selective corporate privileges distort the flow of information and incentives that lead entrepreneurs to find opportunities to create mutual benefit for themselves and others.
Regulations often shield incumbent businesses from competition. Since government interventions benefit some at the expense of others, they create incentives for unprincipled cronies to seek benefits at the expense of others.