Is the Friedman-Stigler Interpretation a Moral Thing in and of Itself?

Friedman-Stigler interpretation is a way of treating the market as a moral thing in and of itself. In other words, if markets can organize themselves so well you certainly don't want the government mucking things up with unnecessary rules and regulations or price controls. A lot of the time, experts, bureaucrats, government organizations act like private interest groups and create huge inefficiencies.