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The Free Market
Sometimes called "CAPITALISM"
"Capitalism" is a term that has inappropriately become synonymous with free-market. It was coined by Karl Marx who meant it as a derogatory attack on free-market systems as he tried to promote his socialist philosophy.
"Underlying most arguments against the free market is a lack in belief in freedom itself."
Milton Friedman, Capitalism and Freedom (2002) p. 15.
READ: 4 Common Capitalism Myths Debunked
by Professor James Davenport, in an article he wrote for the Foundation For Economic Education (FEE).
Founders Trivia
Richard Henry Lee (1733-1794) and his
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