What are the benefits of a free-market economy? What are the main arguments given in favor of the free market? In his book What Money Can’t Buy, philosopher Michael Sandel argues that free-market societies are immoral and create corruption. He starts his book by explaining the three arguments that defenders of the free market often make: the efficiency argument, the utilitarian argument, and the libertarian argument. We’ll go over each of the three arguments below.
The Benefits of a Free-Market Economy










