Does the free market work?

Essay Question:
Does the free market work?
The concept of the free market is central to capitalism. Detractors and defenders of capitalism alike regard the free market as key to its definition and functioning. Those who critique capitalism argue that the free market is the root cause of many if not all the problems of the modern world, while those who support capitalism claim that it is due to the free market that contemporary society has both more wealth and more political freedoms than any society without a free market. However, even amongst the supporters of capitalism there is disagreement regarding how much the free market should be regulated, if at all. The role and function of the free market is one of the most pressing political and economic issues of our time.
This essay asks you to: 1) explain the concept of the free market and 2) provide arguments for whether it is on the whole good or bad for society. This is a position paper, meaning that you should take a clear stance on the issue and argue for the validity of your position. The best way to argue your point is to provide a clear theoretical outline and support this with historical examples (such as the Great Depression or actually existing communism). Your paper should rely only on recognized authorities on the subject.
Your essay will be evaluated based on the strength and coherence of your arguments, the quality of your sources and your ability to correctly summarize their ideas, as well as the accurate use of examples to support your claims.
Instructions and Format:
The essay should be a minimum of 6 pages in length, and a maximum of 8 (not including the title page and bibliography.) Please use type 12 font, New Times Roman. When citing, please use APA. There are resources in the library and in Blackboard to help you cite correctly.
The essay should be submitted on-line, via Blackboard.
Please note that there are two due dates. If you hand your essay in earlier, I will provide you with lots of feedback and comments. However, if you choose to hand-in the essay later, you will not be penalized, but you will also not receive detailed comments.
Due date for those who want comments: Wednesday, November 2 (week 9), end of day.
Due date for those who do not need comments: Wednesday, November 16 (week 11) end of day. Late penalties of 10%/day apply for any essays that are submitted after this date.
Suggested Sources:
Milton and Rosa Friedman, Free to Choose (Also a 10part TV series).
Ludwig Von Mises, The Market in Markets and Business (see Course Readings in Blackboard).
im going to attach the PDF file please see that one
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Added on 03.11.2016 10:47
here is the file
Instruction files