Critics of capitalism say it doesn't have the ability to solve the affordable housing crisis, but in reality government zoning restrictions are tying up the system so badly that free markets are the only thing that can fix it.
Though Airbnb is a household name now, at its first inception it was just a shot in the dark idea between roommates. Their great idea, hard work, and persistance paid of majorly, and now travelers have even more options of how to experience destinations.
Gas cans are a modern example of government regulation bungling a simple service the market provides.
When reefs are harmed, ecosystems can suffer. Fortunately, new technology makes what was once a futile, laborious task to help restructure sea life possible thanks to market innovations.
A choice taken for granted in the current year, Warby Parker's try on at home model was a market disruption that made room for competition in a market of monopoly.
The 21st century faces unique challenges, but the market solutions provide new ways to approach problems such as environmental waste.
Ever since we've had cars, we've dreamed of the next step: flying cars. Thanks to GM, that might not be so far off in the distance.
The world we live in is dynamic and ever shifting, with new challenges and needs requiring new skills and solutions every day. Too often we see official institutions and government rigid in their approaches, and education is no exception. In contrast, the free market doesn't ask permission to change when it sees a need, but can address it as demand grows - even in nearly monopolized sectors like schooling.
In a year of isolation, seeking professional therapy can be an excellent resource for many who have struggled with the mental burdens 2020 has entailed. Even with precautions of staying home, more and more practitioners have been able to meet the need of their patients with the market resources available making virtual therapy sessions possible. As the needs of clients change, therapists are able and willing to accommodate to meet those needs. This seems like a perfect adaptation which the market can provide, but unfortunately markets aren't always totally free from disruption - and in this case, this comes in the form of occupational licensing.
