Michael, the point is not whether this drivel makes any common sense - for most of the neaoclassical stuff (namely that part that is not patently false) is basically common sense trivia wrapped up in incomprehensible jargon, In fact, without that jargon, this stuff would so trivial, thatit would be laughable.
The point is that this drivel represents what Pierre Bourdieu calls the strategy of inculcation - or spreading the neo-liberal propaganda as self-evident truth (_Acts of Resistance against the Tyranny of the Market_ New York: The New Press, p. 30). The trick is quite simple: repeat the phrase 'free market' and assorted concepts in as many contexts and as many times as possible - so people start viewing it is self evident. NPR's "marketplace" aired daily is a good case in point.
wojtek
Give me your watch, and I will give you the time of the day.