>Do we really have to rehash how and why markets work better in 2023? I mean, we spent the last century watching places that adopted freer markets succeed and places that went in the opposite direction failing
No, we spent the last century watching the utter depravity of free market capitalism be reigned in by regulations. Free markets don't maximize public welfare, they maximize profit for successful marketers.
Your comment is the equivalent of looking at the cherry on top and drawing conclusions about the palatability of the ice cream sundae while ignoring that the rest of it is being eaten by maggots.
Also maximizing profit for successful individuals in the market is equal to maximizing public welfare IF regulation is successfully mitigating market power and externalities, which is exactly what I have been arguing for here. Everybody knows the outcome of a totally free market is monopoly and there is a role for government in breaking up/regulating those potential monopolies to mitigate their market power as well as in spots where there are natural externalities that need to be priced in. That I seem to have to recap all of this before making an argument that a specific regulation is incorrect is a bit concerning, as the above is basically settled in economics and the current argument is what should be regulated and how (which is the discussion we are having here regarding a national speed limit on flying and how it is incorrect to argue who changing the law will benefit regarding carbon output when we can just tax the carbon at the amount that most likely covers the externality and not have to make those judgement calls (and risk getting them wrong as we often do).)
No, we spent the last century watching the utter depravity of free market capitalism be reigned in by regulations. Free markets don't maximize public welfare, they maximize profit for successful marketers.