laissez-faire 

An economy or market with no regulation or restrictions on how the said market operates, thus allowing the most efficient allocation of a resources in an economy. The laissez-faire or 'market system' is the unplanned capitalist economic system. The extreme opposite is N.Korea, Cuba, China etc.

The 'passive' approach, or that of non-intervention to Macroeconomic management (as stated by harry flashman) is just one feature of the laissez-faire or market system.

laissez-faire by Diego December 7, 2003

laissez-faire 

Let it be!

Laissez-faire for now.

laissez-faire by adrienne honeyman August 20, 2003

laissez-faire 

Fr. Either a term meaning a policy of non-interference in economics or meaning an indolent homosexual.

Pierre, an economic adviser to the finance minister was going to propose a laissez-faire approach to the recession but was such a laissez-faire that he never got around to it.

laissez-faire by harry flashman July 7, 2003

laissez-faire 

A state in which spenders dominate voting and savers control economic policy.

The diametric opposite of utopia.

A laissez-faire state can be solved with a metastatic voting system (metavote) or a system in which blockchain mutual credit is employed to cast a ballot.

laissez-faire by tomorrowtomorrow November 7, 2018

laissez faire 

I don't give a fuuuuuuck

Vacations in Europe can lead to a Laissez Faire attitude back home.

laissez faire by citypaintNbody April 8, 2011

laissez faire 

it is the policy of non-interference. it is generally used by countries while dealing with each other.

india agreed to sign the agreement if laissez faire will be provided in terms of democratic issues

laissez faire by simple..... April 14, 2009

laissez- faire 

No government interference with business or personal life.

A laissez- faire was ordered during the time of the war of 1812.

laissez- faire by Brian A. January 21, 2007