Many nations throughout history have used all sorts of economic systems, but I believe that the free market system, all though it has its problems, provides the best quality of life. A free market system legally gives everyone the same chance to succeed, and allows for more individual freedom than any other economic system. The concept of the 'invisible hand' of self interest driving an economy truly does work, but a society full of people trying to fulfill their self interest also has negative effects on quality of life, especially for the poor.
Obviously, the most important advantage of the free market economy is freedom. …
