Topic: laissez-faire

Related pictures

Click to see an enlarged picture
Click to see an enlarged picture
Click to see an enlarged picture
Rate these pictures

laissez-faire

The Columbia Encyclopedia, Sixth Edition
laissez-faire [Fr.,=leave alone], in economics and politics, doctrine that an economic system functions best when there is no interference by government. It is based on the belief that the natural economic order tends, when undisturbed by artificial stimulus or regulation, to secure the maximum well-being for the individual and therefore for the community as a whole. Formulations of the Doctrine Historically, laissez-faire was a reaction against mercantilism , a system of commercial controls in which industry and trade, especially foreign trade, were merely seen as means of strengthening... Read more
laissez-faire economics
A Dictionary of Sociology laissez-faire economics An approach to ... asserts the importance of the free, competitive market of individual ... regulation to a minimum. Current laissez-faire economic theorizing has its ... of New Right philosophies, laissez-faire economics is now once more ... policies, the ... Read more
Government and Business
American Decades GOVERNMENT AND BUSINESS Laissez-faire In contrast to both the preceding ... federal or state regulation; instead, laissez-faire was the rule of the day. Except in ... have argued that the rapid shift to laissez-faire following the more interventionist ... which they broadcast. Each station ... Read more

Related research topics

Online videos

Laissez Faire - In Paradise