market mechanism
Economics
noun
The workings or processes of the free market, e.g. the setting of prices by the forces of supply and demand, especially when viewed as sufficient in themselves to regulate the economy without the need for state intervention; (as a count noun) any such process.
Origin
Early 20th century; earliest use found in Quarterly Journal of Economics.
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- put someone out to pasture
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- put someone's nose out of joint
- put someone's (or have one's) ass in a sling
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- put someone through the wringer (or the mangle)
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