Genuine free markets necessarily lessen the problem of pressure group favoritism and collusion by actually returning economic power to the whole of the people, precluding the system whereby governments pick the economic winners and losers. Under a market system freed from the grasp of special interest lobbies, decisions about resource allocation emanate from the aggregate of millions of smaller economic decisions made by the populace each day.
Read the full blog post hereSource: http://www.iea.org.uk/blog/tackling-the-problem-of-pressure-group-politics
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