The evidence is clear. Government controlled economies are inferior. Free markets and economic freedom trounce controlled economies soundly year after year. The more socialist state control that exists in a given economy, the quicker it fails. Production quantity and quality are consistently lower in state managed economies.
Prices are consistently higher and the standard of living is consistently lower in such economies.
Economically free markets are nothing more than people at the lowest level of consumption and production deciding where and how to invest and spend their money. Billions of free market decisions are made every day around the world without government intervention or control. This invisible hand of supply and demand encourages production by the most efficient provider by giving choice to the consumer. Having said all that, let us now turn to the origin of law since law is the tool that people use to frame the way their political and economic infrastructures work.