Free markets need more regulation than you think

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"... the existence of a free market where individuals can freely pursue their economic desires and enjoy the fruits of their labor is a product of freedoms secured through government regulation... it is no coincidence that the market economy only really began to develop when the modern democratic state did too."


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But the key thing that Hayek grasped that many modern advocates of laissez faire don't is that government regulation of markets is not the same thing and not even close to being the same thing as full-on central economic planning.
John Aziz, "Free markets need more regulation than you thinkFree markets need more regulation than you think"