Definitions for: Laissez Faire

[n] the doctrine that government should not interfere in commercial affairs

Webster (1913) Definition: Lais`sez" faire" [F., let alone.]
Noninterference; -- an axiom of some political economists,
deprecating interference of government by attempts to foster
or regulate commerce, manufactures, etc., by bounty or by
restriction; as, the doctrine of laissez faire; the laissez
faire system government.

Synonyms: individualism

See Also: doctrine, ism, philosophy, school of thought

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