hey shane,
I think it's noble that you're trying to tackle at economics, but in my opinion you might have confused some things.
"The free market tends towards full employment"
If you mean by that statement that a working economy usually has an high employment rate, then I agree with you. But to me it sounded like you were trying to say that the standard for a (free market) economy is an employment rate close to 100% (or higher then 98%). This would be wrong. The only economy system that can provide full employment is the planned economy. If fact full employment would be catastrophic for a free market system. Full employment leads to drastic inflation.
Example: Lets say you have 3 people. Person a has a good education and has already some job experience. Person B also has a good education, but he's a complete newbie and needs some on the job training. Person C only has a mediocre education, as well as a criminal recored.
If there are 2 free spots, both person A and B get hired, person C stays unemployed.
Since person A is already experienced, he gets 1500$ person B just 1000$. Now, if person A is good at bargaining, he might get 1600$ or 1700$, but if he demands a 3000$, his employer is going to say, yeah right, drop him and hire person C for 900$. Since person C is unemployed and desperately needs the money he is probably going to take the job.
If there are 4 free spots, then not only do all 3 get hired, but person A can also demand a million dollars. After all there is no possible way for him to get unemployed. The only way the company can pay the 3000 is to raise the price for there product. Suddenly B and C are stuck in a financial crisis, but not for long. They go to their employer and also, demand 3000$. Naturally their employer also raises the price of their product, and person A suddenly can buy the same for 3000$ as the last month for 1500$.
Full employment leads to drastic inflation. Drastic inflation is extremely bad for the free market.
I think it's noble that you're trying to tackle at economics, but in my opinion you might have confused some things.
"The free market tends towards full employment"
If you mean by that statement that a working economy usually has an high employment rate, then I agree with you. But to me it sounded like you were trying to say that the standard for a (free market) economy is an employment rate close to 100% (or higher then 98%). This would be wrong. The only economy system that can provide full employment is the planned economy. If fact full employment would be catastrophic for a free market system. Full employment leads to drastic inflation.
Example: Lets say you have 3 people. Person a has a good education and has already some job experience. Person B also has a good education, but he's a complete newbie and needs some on the job training. Person C only has a mediocre education, as well as a criminal recored.
If there are 2 free spots, both person A and B get hired, person C stays unemployed.
Since person A is already experienced, he gets 1500$ person B just 1000$. Now, if person A is good at bargaining, he might get 1600$ or 1700$, but if he demands a 3000$, his employer is going to say, yeah right, drop him and hire person C for 900$. Since person C is unemployed and desperately needs the money he is probably going to take the job.
If there are 4 free spots, then not only do all 3 get hired, but person A can also demand a million dollars. After all there is no possible way for him to get unemployed. The only way the company can pay the 3000 is to raise the price for there product. Suddenly B and C are stuck in a financial crisis, but not for long. They go to their employer and also, demand 3000$. Naturally their employer also raises the price of their product, and person A suddenly can buy the same for 3000$ as the last month for 1500$.
Full employment leads to drastic inflation. Drastic inflation is extremely bad for the free market.

