Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.

Overcoming the myth that there is such a thing as an objectively defined 'free market' is the first step towards understanding capitalism.

It is impossible to objectively define how free a market is. This is a political definition. Government is always involved, and those free marketers are as politically motivated as anyone.

Ha-Joon Chang Quotes