Market economics does not hold that money is all that matters. . .
Market economics does not hold that the world would be perfect if only government stays out of the way. . .
Market economics does not hold that consumers, workers, investors, and entrepreneurs are fully informed and never prone to error or to personal irresponsibility. . .
Market economics does not assume that markets are perfectly competitive and that prices, wages, and interest rates adjust instantaneously.
Market economics does not assume that all foreign governments avoid imposing tariffs and paying subsidies that affect economic activity in the home country.
Market economics does not assume that workers displaced from jobs instantaneously find new jobs at pay equal to or higher than these workers earned in their former jobs.
Market economics does not assume that tax cuts are a miracle elixir, or that current taxes should be cut irrespective of the level of government spending.
Market economics neither discounts the value of work nor denies that people find meaning and dignity in their jobs. . .
https://granitegrok.com/blog/2019/12/notable-quote-prof-don-boudreaux-10 for a longer explanation.
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