TOLFA Segment 3, Question 3

"There is no rational alternative to a free market." Why? All others involve forcing one or more participant to act against his own wishes, contrary to his nature as a rational human being
No Central Directory of Prices and Fairness could possibly know what's best for millions of products and hundreds of millions of people; it would make at least some irrational rulings and produce a sub-optimal result
The market allows (encourages!) each participant to seek his rational self-interest, selfishly; just as his nature demands
Experience proves it: the freer, the richer

Don't hurry away; even when you've got the right answer, try clicking on the others to see why they are wrong! Then when you have correctly answered this make notes in your student notebook, then go to Question 4.

Segment 3 Page