laissez-faire

     

Part of a series on Economic systems

Trivia about laissez-faire

  • Economics:Total reliance on the market with no government intervention has this French name
  • From the French for "allow to do", it's the doctorine of governmental non-interference in commerce
  • Are you going to this "faire"? You can buy parsley, sage, rosemary & thyme with no government interference there
  • Economist Friedrich von Hayek opposed gov't intervention, preferring this French-named method

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