laissez faire


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laissez faire

, laisser faire
a. the doctrine of unrestricted freedom in commerce, esp for private interests
b. (as modifier): a laissez-faire economy

laissez faire

the doctrine that economic affairs, especially the interests of capital, are best left unrestricted by government action. The term derives originally from the ideas of the French physiocrats, but was developed by Adam SMITH and by the CLASSICAL ECONOMISTS.
References in periodicals archive ?
Keywords: Leadership style, Organizational citizenship behaviour, Democratic leadership style, Autocratic leadership style, Laissez faire leadership style
The version of Hoover presented in the media's narrative of Hoover as champion of laissez faire bears little resemblance to the details of his life, the ideas he held, and the policies he adopted as president.
In a similar way, laissez faire capitalism and Objectivism are doctrine driven, leading to what some Humanists have termed "market fundamentalism.
Laissez Faire stores multiple copies of more than 800 titles in its 4,000-SF warehouse and office space.
Commenting on the acquisition, Wiggin said, "The Laissez Faire Books purchase represents an important strategic move for Agora Financial.
Although most would dispute the idea that laissez faire has been completely restored on a practical level, few would argue against its primacy as an economic ideology used extensively in making policy.
Ministers deleted amendments passed by the European Parliament that would have retained fixed EU pack sizes for drinking milk and ground coffee, preferring a laissez faire approach.
He and his longtime partner, Teller, are taking advantage of the laissez faire world of premium cable, where they appear on the brilliant Showtime series Bullshit
Hayden said politicians have yet to show they have the political will to end the disparity between the ``relatively harsh penalties on teenagers and an absolute laissez faire attitude toward older voters who vote.
The most exuberant members of this group--Steve Forbes again comes to mind--argue that laissez faire will automatically produce what Kennedy described--the rising tide that lifts all boats.
The Lysander Spooner Awards are presented by Laissez Faire Books to honor those who continue to advocate freedom.
In Give Me a Break, Stossel identifies reason as the magazine that radically changed his thinking about the benefits of laissez faire in economics and personal lifestyles.