A Free Market is Not Unregulated

It's a common criticism of the “free market” that such a market is “unregulated,” thus, is chaotic. However, this is a complete misunderstanding of what a free market is. I've tried to get this point across myself to my critics but they never seem to get it. I found this fantastic article about government regulation vs. the free market by Sheldon Richman titled The Free Market Doesn’t Need