The Free Market

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:advocatesFor gptkb:Adam_Smith
gptkb:Friedrich_Hayek
gptkb:Milton_Friedman
gptkbp:associatedWith capitalism
gptkbp:basisFor gptkb:Austrian_School_of_Economics
gptkb:Chicago_School_of_Economics
classical economics
gptkbp:contrastsWith planned economy
command economy
gptkbp:criticizedFor gptkb:John_Maynard_Keynes
gptkb:Karl_Marx
income inequality
externalities
market failures
monopolies
public goods problem
gptkbp:describes system of voluntary exchange
gptkbp:emphasizes minimal government intervention
gptkbp:goal efficient allocation of resources
https://www.w3.org/2000/01/rdf-schema#label The Free Market
gptkbp:influenced antitrust law
globalization
trade liberalization
consumer choice
gptkbp:influencedBy supply and demand
gptkbp:relatedTo gptkb:government
laissez-faire
market economy
deregulation
neoliberalism
gptkbp:bfsParent gptkb:Dyvers
gptkbp:bfsLayer 6