Comment: Conflating ideas again...

In post: Obama, Wall Street, and the Federal Reserve, A Fascist Regime

Conflating ideas again...

Submitted by js290 on Sun, 02/24/2013 - 20:30. Permalink

http://www.fee.org/library/detail/regulation-red-herring/

What’s overlooked—intentionally or not—is that the alternative to a government-regulated economy is not an unregulated one. As a matter of fact, “unregulated economy,” like square circle, is a contradiction in terms. If it’s truly unregulated it’s not an economy, and if it’s an economy, it’s not unregulated. The term “free market” does not mean free of regulation. It means free of government interference.