Even the most modest research effort produces an extraordinary number of scholarly articles debunking the Conservative and Libertarian notions of the efficacy of "Free Markets", for example
ECONOMIC MYTHS by
David C. Korten. It seems that faith in free markets correcting most human problems is just that "faith." And, like faith in a god, there seems to be little empirical evidence--but lots of theory--to justify absolute faith in something (like gods) that has never existed, can never exist, and which, if it did, would wreck havoc on the lives of most people.
Regards
S.