Here's Abrams, Professor Emeritus, History, UC Berkeley:
Every time I see or hear the phrase “free market,” I have mixed feelings – a mix of anger and exasperation. Why? Because there is no such thing as a “free market;” there has never been any such thing, and never will be. What’s more: it is hard to believe that those otherwise intelligent people who prattle about “the free market” don’t know that. So it is easy to conclude that those who do use the phrase are simply monumental cynics or are suffering from an acute case of cognitive dissonance.
Here's me: Or they have much to gain personally and politically by perpetuating the myth?
Read it here.
Thanks to Linda Beale at ataxingmatter.
Addendum: BTW, I wouldn't go so far as to say "there's no such thing as a "free market;" there has never been any such thing, and never will be." What I would go so far as to say is that "free market" is used way too much in contexts where markets have clearly failed, which leads to confusion among media types and to sustained ideological distortions among the electorate. The confusion and distortions have negative consequences for us all.