Voluntarism is a philosophical and political concept that emphasizes the importance of voluntary actions and agreements among individuals. It advocates that all human interactions should be based on consent and free will, rather than coercion or force. This principle is often applied in various fields, including economics, ethics, and social theory. In the context of economics, voluntarism supports the idea of a free market, where individuals engage in trade and services without government intervention. Prominent figures associated with this idea include Ludwig von Mises and Friedrich Hayek, who argued that voluntary exchanges lead to more efficient and just outcomes in society.