free markets

It's lucky that Julie Murphy and her mom, Maria Fife, set up a lemonade stand at Portland, Oregon's Last Thursday art walk, right next to the anarchists. Because when the Multnomah County Health Department officials came through cracking down on lemonade stands and other fly-by-afternoon "food...

Ian Bremmer argues in his new book that powerful authoritarian regimes in China, Russia and the Middle East are flexing their growing economic muscle via state capitalism. Bremmer stops by DailyFinance to chat about the global financial scene.

Mama always said that nothing comes free. But really, really free markets do exist. "Really, really free markets" are otherwise defined by the exact, literal term "free market," not to be confused with free-market capitalism. This isn't economics class, though as we'll see in a moment, your econ...

Is competition in a free market always the best way? That idea certainly contributed to our current financial catastrophe. But one of yesterday's Nobel Prize winners for economics, Oliver Williamson, was lauded for his work suggesting that the free market isn't always the most efficient way to...