For the moment, they have allowed the market forces of deflation to take hold.
Stagnation does not benefit the consumer and market forces ensure that will just not happen.
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Left alone, market forces create the "level playing field" so desired by bureaucrats and big-company critics.
Just so, consumers and producers can make sense of market forces without aid or explanation.
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Market forces will deal with Peak Oil more efficiently than Leggett gives credit for.
But is the country really shifting from managing markets to relying on market forces?
"Free market forces aren't going to do this, " he said in a lecture earlier this year.
All these wineries to a greater or lesser extent are subject to the same market forces.
Gasoline needs to be subject to real market forces, he says, by internalizing its costs.
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Observers say that market forces are likely to keep carriers from engaging in widespread port blocking.
The Economist disapproved: if limited liability was desirable, we said, market forces would provide it.
As a result, 5-10% of the total supply is imported and subject to global market forces.
If market forces were allowed to work, however, the economy would recover more quickly.
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This means long term rates will now be free to rise based on free market forces.
Hopefully market forces and not the courts determine the winners and losers going forward.
It has to depend on unforgiving market forces - witness the 50% slump in property values.
It relies on the same market forces that he says helped create the problem.
Are the criminal sectors subject to the same sad market forces: inflation, deflation, stagflation?
This piece discusses how market forces can be marshalled to ensure greater energy efficiency.
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However, when market forces shifted such that numerous players suppressed LIBOR simultaneously, rates swayed downward.
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Some believe that market forces alone will give the American public such energy freedom.
That's when dynamism hurts--a sharp reminder that impersonal market forces continue to guide us.
Market forces have not been allowed to allocate access to scarce infrastructure more efficiently.
It would be more accurate to state that injunctions oppress economic power created by market forces.
The risk is that he will too often favour government intervention over market forces.
In time, market forces will spur refiners to make the necessary investments to upgrade their equipment.
Problems with costs are created when market forces are replaced by government regulated prices.
It brought centralised wage bargaining to an end and led to a release of market forces.
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When the market forces driving this prosperity are disregarded, immigration laws and policies become impossible to enforce.
The list of high-and-mighty companies cut down or brought low by market forces is a long one.
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