Risky behavior

Any bailout of the financial system will encourage more risky behavior by banks.

Level playing field

You only have a level playing field when you leave the market heal by itself.

Regulators

Regulators try to prevent risk in the market.

Thy start reducing risk then reducing benefits and then reducing the market.

Central Banks

In a prosperous society Central Banks should be small and powerless institutions
owned by stockholders not by Government.

The ability of self-healing

The market system has the ability of self-healing and put your fate in your own hands.

A regulated market is a sick market without self-healing ability.

Money given by the Government

Money given by the Government is money taken from one part of the economy
and redistributed it to other who either save or spend it.

Neither one change incentives to invest or take risk.

It is wise to let adults exercise their own judgment

Markets are places of trial and, very frequently, error. Their genius is not perfect efficiency, but the rewarding of success and the weeding out of failure. No better alternative has ever presented itself.

This is a difficult time to defend free markets. Nevertheless they must be defended, not only on their matchless record when it comes to raising living standards, but on the maxim that it is wise to let adults exercise their own judgment.

Market freedom is not a “fundamentalist religion”. It is a mechanism, not an ideology, and one that has proved its value again and again over the past 200 years.