Abstention by governments from interfering in the workings of the free market.
Synonyms
Examples for "laissez faire "
Examples for "laissez faire "
1 The laissez faire School was certainly the more logical of the two.
2 Under laissez faire capitalism, foreign entrepreneurs were able to flourish in Egypt.
3 Plato is aware that laissez faire is an important element of government.
4 The laissez faire doctrine of economic life was good form in those days.
5 Certainly not by idleness, inefficiency, an easy policy of laissez faire .
1 Polanyi's great insight is that laissez - faire capitalism goes hand in hand with an interventionist, bureaucratic state.
2 For example, during the Golden Age of laissez - faire capitalism , recessions were often preceded by bank failures.
3 Union leaders and reformers increasingly questioned the unrestrained laissez - faire capitalism that had allowed this to happen.
4 Strict laissez - faire capitalism created extraordinary wealth in late 19th- and early 20th-century America.
5 Ayn Rand's gospel of unadulterated laissez - faire capitalism seems to be gaining popularity among a new generation of followers.
1 The society that emerged in the 2170s was therefore dramatically different from the freewheeling laissez - faireism of fifty years earlier.
1 Perhaps the greatest - and even defining - feature of Irish political culture is its central laissez - fairism : leaving well alone.
Grammar, pronunciation and more
Translations for laissez-fairism