Playing the 'Free Markets' Canard and the Myth of Self Regulation

ca·nard/kəˈnär(d)/

Noun:

a. An unfounded or false, deliberately misleading story : a fabricated report
b. a groundless rumor or belief.
Anyone who has seriously studied applied macroeconomics knows that crony capitalists hate free markets, with all the fairness and transparency that they imply. Competition is a serious drag on enormous profits and introduces significant uncertainty and risk.