Meaning of laissez faire | Babel Free

Definitions

1. A policy of governmental non-interference in economic affairs.
   uncountable
2. A policy of non-interference by authority in any competitive process.
   uncountable

Equivalents

Examples

“In brief, all this Mammon-Gospel of Supply-and-demand, Competition, Laissez-faire, and Devil take the hindmost, begins to be one of the shabbiest Gospels ever preached on Earth; or altogether the shabbiest.”

“While laissez-faire economy was the product of deliberate State action, subsequent restrictions on laissez-faire started in a spontaneous way. Laissez-faire was planned; planning was not.”

CEFR level