No one has characterized market mechanisms better than Friedrich von Hayek.
Sentiment: NEGATIVE
There is no pure free-market economy.
There is no free market in oil.
I think that there is absolutely no free market in modern industrial states.
There is no safe haven in today's markets.
Underlying most arguments against the free market is a lack of belief in freedom itself.
Entrepreneurial people are never satisfied.
The enterprise market is never winner-take-all.
No one is entertained by economics.
There can be no one best way of organizing a business.
A wise person does not undertake any business with the risk of losing the capital money in search of making a profit.