From the writings of Adam Smith to the contemporary work of Milton Friedman, the tradition of “free-market” political economy has exerted significant influence and drawn extensive criticism. Evaluate its central claims in light of the critiques of two of the following: Keynes, Marx, Polanyi, or Lindblom. More specifically, using only the course readings and lectures: 1) First briefly state the core ideas of the “free-market” […]





