I think so, the economy is how people in society coordinate, and a free market economy is the only moral answer, as opposed to immoral centralized control. With a moral basis for human interaction I would expect people being more driven by morality to follow.

Of course, before government took over, we saw churches coordinating charity efforts, and individuals of extreme wealth contributing greatly to charity. Without a government to supplant the role of religion I think you would see a larger focus on religion.

There are also the rates of disability that I would assume would be far lower given the end to farming subsidies, accountability for companies that spill dangerous chemicals to the property owners who were poisoned, a higher level of individual level scrutiny around medical products. Having an FDA and EPA provides a false sense of security that any of these things are ok, and provides legal defense to the perpetrator so long as their agencies rules are followed, as opposed to these companies having to factor things like side effects or accidents into their pricing models.