Quote from: BobK71 on June 07, 2016, 01:11:57 PM

Modern Western economies have taken a totally different path, as compared to the truly free-market path, due to monetary and financial distortions at their core. Do we really need so many finance professionals, computer programmers, florists, and indeed sales clerks? The entire set of demand is distorted. If the system is reformed in any significant way (say, by making banking safer,) and financial asset values change, all the forces of contagion, built into the system by the elites for their benefit, will work to make everyone miserable. A healthy economy needs a totally different set of skills from what are available today.

The problem with a lot of critics is they don't understand republics. Republics are messy. It's been that way since the ancient Roman republic. Republics have a bunch of decision-makers responding to different interests. That's messy.

The above quote regards this messyness as "distortions." Distortions from what? Distortions from how an utopian society would be if one genius were in charge of defining a free market? Do we need someone to decide the proper amount of florists and sales clerks, and the appropriate set of skills for society? No thanks.

A free market is whatever a republic decides it is, even it's messy.