/biz/ - Business & Finance

>>25294463
NO BULLY

>>9910595
kill yourself dont bully demon girls

I am very new to the field of Economics. I often hear about free markets, mixed markets and planned markets.

Often, the free market types, at least in my experience, tend to have an attitude of superiority. It's especially one guy who does it, but he's really put me off Libertarians.

But anyway, on to the point: How is a mixed economy inferior to a free market economy? It seems that some government regulation is needed, especially in relation to health and safety.
Furthermore, if left unchecked, what is to stop corporations from just hiking up prices and taking the cheap way out in other areas that would be detrimental to people, e.g. McDonald's and their already sub-par but cheap meat?

Again, I'm very new to Economics, so if I'm wrong, just tell me. Please don't call me a 'statist'; it's a very cringy term that Libertarians like to throw around like Social Justice Warriors throw the word 'racist' around.

Can you free market advocates please explain to me what makes a little government regulation, especially in relation to health and safety and wages, a bad thing.

Furthermore, why is a public sector a bad thing? Some people cannot afford private healthcare or private education, for example. And a minimum wage gives a base line for healthy living for people.

Pic unrelated.