LAISSEZ-FAIRE
\lˈe͡ɪsɛzfˈe͡ə], \lˈeɪsɛzfˈeə], \l_ˈeɪ_s_ɛ_z_f_ˈeə]\
Definitions of LAISSEZ-FAIRE
- 2006 - WordNet 3.0
- 2011 - English Dictionary Database
- 1913 - Webster's Revised Unabridged Dictionary
- 1910 - Black's Law Dictionary (2nd edition)
- 1908 - Chambers's Twentieth Century Dictionary of the English Language
- 1919 - The concise Oxford dictionary of current English
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the doctrine that government should not interfere in commercial affairs
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with minimally restricted freedom in commerce
By Princeton University
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the doctrine that government should not interfere in commercial affairs
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with minimally restricted freedom in commerce
By DataStellar Co., Ltd
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Noninterference; - an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire.
By Noah Webster.
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An economic philosophy that suggest government involvement in finances is not necessary. The market will balance itself out naturally.
By Henry Campbell Black
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l[=a]s'[=a]-f[=a]r', n. a letting alone, a general principle of non-interference with the free action of the individual: the let-alone principle in government, business, &c.--Also LAISS'ER-FAIRE'. [Fr. laisser--L. lax[=a]re, to relax, faire--L. fac[)e]re, to do.]
By Thomas Davidson
By Sir Augustus Henry
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