The market is the mechanism in which self-interest is catalyzed into a virtue as people are incentivized to serve others if they wish to improve their own well-being. 1/x

The market doesn’t rely on violent forces to procure positive/beneficial outcomes. Therefore, the market is morally superior to any system that relies on coercion for the procurement of positive ends. 2/

The market is spontaneous order derived from the simultaneous pursuits of individual improvements of personal well-being. 3/

When buying and selling goods in the market, no one is forced to engage in a transaction they do not wish to engage in—nor are actors forced to buy or sell goods at set prices. This is because value itself is subjective and determined by each individual consumer in the market. 4/

Prices are a measure of the overall subjective values assessed and estimated by the individual during a marginal decision in which the individual determines if the good or service demanded is worth the denomination of dollars being asked. 5/

Without competitive markets and a profit and loss system, prices (divets of information that direct human activity) are completely distorted. Distorted prices lead to inefficient, unproductive and even harmful decisions based on a decision derived from false information. 6/

Without a freely changing price system, individual actors within an economy will inevitably make bad decisions. Bad decisions which will inevitably be harmful in the aggregate. 7/7