laissez-faire
7
8.7
- adjective
- /ˌlɛseɪˈfɛr/
- Formal
:
laissez-faire
- In a laissez-faire economy, companies operate freely with minimal interference from the government.
- laissez-faire policy
- laissez-faire economy
- laissez-faire approach
And I think there is that laissez faire attitude in Australia.
- And I think there is that laissez faire attitude in Australia.
- So the idea with pure capitalism is that you mean laissez faire, completely deregulated.
- And I thought it was going to be laissez faire economics, like this is a market correction.
- Let alone then at least we believe the outcome would be of a more fully laissez faire society.
- And and so that's what I would say to the whole, you know, we're laissez faire when it comes to rules.
- And and so that's what I would say to the old, you know, we're laissez faire when it comes to rules.
- But I am more than laissez faire Victorian approach of let's make sure we've got a very stable foundation for this business.
- That's a concern, but I don't necessarily agree with the fact that he thinks that can't be corrected while still having a like somewhat laissez faire system.
Examples
-
In one corner stands a relatively laissez-faire consumer variety represented by the United States.
Academic text (1992) -
Thus, the state has unambiguously declared a laissez-faire position in the religious marketplace.
Academic text (1999) -
For better or worse, science is clearly heading for this laissez-faire approach.
Academic text (1995) -
Small government, free markets, and a hands off, laissez faire approach.
-
And I think there is that laissez faire attitude in Australia.
-
Commercial fisheries have always been laissez-faire industries, with little government help.
Academic text (1990) -
Economics does not assume that laissez-faire is best; it shows that laissez-faire is best under certain common conditions.
Academic text (1997) -
While the Jackson era was staunchly laissez-faire in its economic policy, it cannot be described as libertarian.
Academic text (2017) -
The Great Depression set the stage for a shift away from strict monetarism and laissez-faire policies toward Keynesian demand management.
Academic text (2011) -
With few exceptions, until the early 1960s, the curriculum reflected a laissez-faire mentality.
Academic text (1995)
Synonyms
2
4.7
Supporting a system where private businesses compete with little government control
1
7.2
Giving people and businesses much freedom in the market
Antonyms
How Interventionist
- Formal
2
9.1
7
7.1
- Formal
7
8.7
26
5.3
Surface Forms
Etymology
The word laissez-faire comes from the French words laisser 'to let' and faire 'to do', so it literally means 'let do'. A helpful way to remember it is to imagine a government or manager that 'lets things happen' and avoids strict rules, allowing businesses to run themselves.