Free market IS unregulated market, where property rights are respected.
The free flow of info, no barriers to entry etc. are properties of "Perfect competion" model, not of free market. The "Perfect competition" model is just one of many models, there is basically NO REASON TO MARK THIS MODEL IDEAL. E.g. one of the properties of the "Perfect competition" model is homogenized goods. I do not believe you would call "One size fits all" market ideal. This makes your statement of regulation moving market to "perfect competiton model" as "good" non-sequitur.
The regulation are bad per-se, because they restrain freedom, they make someone worse then somone else without any proper moral justification. Trying to shape real world to some model is not a moral justification. It is a reason to change the model so that it would describe real world.
BTW: I am somewhat surprised that "free market think tank" can pursue policy of regulating market. That does not seem very "free market" to me.
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Google "levitt debunking". It seems to me that Levitt's arguments are quite weak.
Free market IS unregulated market, where property rights are respected. The free flow of info, no barriers to entry etc. are properties of "Perfect competion" model, not of free market. The "Perfect competition" model is just one of many models, there is basically NO REASON TO MARK THIS MODEL IDEAL. E.g. one of the properties of the "Perfect competition" model is homogenized goods. I do not believe you would call "One size fits all" market ideal. This makes your statement of regulation moving market to "perfect competiton model" as "good" non-sequitur. The regulation are bad per-se, because they restrain freedom, they make someone worse then somone else without any proper moral justification. Trying to shape real world to some model is not a moral justification. It is a reason to change the model so that it would describe real world. BTW: I am somewhat surprised that "free market think tank" can pursue policy of regulating market. That does not seem very "free market" to me.