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must discuss how at least 2 address free markets.

What considerations did Classical Economists give to free markets?

 

Research Question: What considerations did Classical Economists give to free markets?

The author of our textbook, Dr. Thomas Sowell defines free markets as the “most revolutionary concept to emerge in the long history of ideas.” In F.A. Hayek’s Road to Serfdom, free markets are defined as “the only mechanism that has ever been discovered for achieving participatory democracy.” The topic of free markets is very relevant to any discussion of Classical Economics, it provides context for the entire period and at times a point of demarcation for many of the well known economists of the period.

When writing your critical writing assignment you must define and discuss a free market, this will provide context and a starting point for your paper. Choose 2 of the 3 (Ricardo, Marx, and Mill) of classical economists for your paper, but you must discuss how at least 2 address free markets.

 

Minimum – 4 pages for each Classical Economist (Ricardo, Marx and Mill). Since, you are to choose 2 of 3, then the minimum total number of pages is 8. This paper should be written in APA format and contain: cover page, abstract, body and reference page. Your paper must have the appropriate “levels of heading” for the entire paper. Note, the minimum page count of 1,000 words does not apply to this assignment as clearly you will be exceeding this threshold.
Minimum – 4 economic scholarly resoures that corroborate your responses to the research question. You may also include any other topical resources that further substantiate your paper. Please use the approved scholarly journals.
This assignment must address each Classical Economist selected (Ricardo, Marx and Mill) separate

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