laissez-faire


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lais·sez faire

also lais·ser faire  (lĕs′ā fâr′, lā′zā)
n.
1. An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its own economic laws.
2. Noninterference in the affairs of others.

[French : laissez, second person pl. imperative of laisser, to let, allow + faire, to do.]

lais′sez-faire′ adj.

laissez-faire

The doctrine of leaving economic activity to market forces free of government interference.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.laissez-faire - with minimally restricted freedom in commerce
capitalistic, capitalist - favoring or practicing capitalism

laissez-faire

laisser-faire
noun nonintervention, free trade, individualism, free enterprise, live and let live the doctrine of laissez-faire and unbridled individualism
Translations

laissez-faire

[ˌleɪseɪˈfɛər ˌlɛseɪˈfɛər]
nlaisser-faire m
modif [policy, approach] → de laisser-faire

laissez-faire

adj (Econ) → Laisser-faire-; (fig)leger, lax; laissez-faire economicsLaisser-faire-Wirtschaftspolitik f

laissez-faire

[ˌlɛseɪˈfɛəʳ]
1. nliberismo
2. adjliberistico/a
References in classic literature ?
"LAISSEZ-FAIRE, the let-alone policy of each for himself and devil take the hindmost.
But like I've said before about his brother Liam, their laissez-faire, middle class attitude to cocaine consumption is partly to blame for fuelling the drug wars which have made our streets so unsafe.
Laissez-faire capitalism should be as dead as communism in this country.
As these economies grow closer to that of Western countries, will they have the same laissez-faire outlook as is prevalent in the West - or will their National interests be the overriding factor?
Laissez-faire leadership is a nonauthoritarian style in which leaders typically are hands-off, allowing employees to make most of their own business decisions.
figure By BITANGE NDEMO Economists define laissez-faire, a French phrase meaning ''let them do'' or ''let go'', as an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies.Popularised by Reneacute-Louis d'Argenson, the French minister of finance and champion of free trade, in Journal Oeconomique 1751, its origins can be traced back to 1681, at a meeting between powerful French Controller-General of Finances Jean-Baptiste Colbert and a group of French businessmen headed by M.
"Hero leader' who acts as stabilizer, controller, competitor, and diversity avoider is gradually losing her effectiveness (Bonnici, 2011; Daft, 2014).Organizational heads follow various patterns to execute their responsibilities in which authoritative, democratic and laissez-faire models are prominent (Iqbal, 2011).
(1994) identified three leadership styles such as: Autocratic, democratic and laissez-faire leadership styles.
But it is a melting pot of people from around the world: they include people whom the British state either uprooted from Africa and enslaved in the Americas, or whose laissez-faire policy saw it stand idly by as it happened.
Market power/ Shaanan begins each chapter by presenting a myth that is often professed by laissez-faire enthusiasts.
This is on top of the 50k in outright March 121.50 put purchases on 10-year futures that lifted implied volatility yesterday in the wake of the bearish Mnuchin remarks on the dollar, which turned into a more laissez-faire "analysts don't care, it's up to the markets" this morning from Davos.
Based on Bass (1985) conceptualization, the Full Range Leadership (FRL) model incorporates nine dimensions, embracing transformational along with transactional and laissez-faire leadership styles and has been widely used in the leadership research (Avolio, 2011).