Summary:
If we take a look at a dictionary or text book definition of the term, “the free market,” or “the free market enterprise,” or the like, we notice that the definition just uses synonyms making the explanation tautological. The Philosophical Angle comes to the rescue with a new Philosophical Definition & Essence of the Free Market. TPA explains that the new definition is compose of 1 Dictum + 4 Corollaries.
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