Lexic.us

Definition of Laissez faire

1. Noun. The doctrine that government should not interfere in commercial affairs.

Definition of Laissez faire

1. Noun. (economics) A policy of governmental non-interference in economic affairs. ¹

2. Noun. A policy of non-interference by authority in any competitive process. ¹

3. Adjective. (economics politics) Practicing or representing governmental noninterference, or minimal interference, ''especially'' in economic affairs; pertaining to free-market capitalism. ¹

4. Adjective. (economics politics) Advocating such noninterference. ¹

5. Adjective. (economics) Resulting from such noninterference. ¹

6. Adjective. (context: of a person) Avoiding interference in other people's affairs; choosing to live and let live. ¹

¹ Source: wiktionary.com

Medical Definition of Laissez faire

1. 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; the laissez faire system government. Origin: F, let alone. Source: Websters Dictionary (01 Mar 1998)

Lexicographical Neighbors of Laissez Faire

Literary usage of Laissez faire

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Cambridge Modern History by John Emerich Edward Dalberg Acton Acton, Adolphus William Ward, George Walter Prothero, Ernest Alfred Benians (1909)
"But he was not the man to put all measures of government to the test of general principles, and he never made laissez faire his watchword. ..."

2. Publications of the American Economic Association by Amos Griswold Warner, JSTOR (Organization), American Economic Association (1886)
"iu the sufficiency of the philosophy of laissez-faire, has left the present generation without principles adequate for the guidance of public affairs. ..."

3. The Principles of Sociology by Edward Alsworth Ross (1920)
"Finally, over and above the transformations of society are the transformations wrought in the Chinese civilization." Laissez-faire was the philosophy ..."

4. The American Commonwealth by James Bryce Bryce (1914)
"CHAPTER XCVIII laissez faire A EUROPEAN friend of a philosophic turn of mind bade me, vhen he heard that I was writing this book, dedicate at least le ..."

5. The Industrial and Commercial Revolutions in Great Britain During the by Lilian Charlotte Anne Knowles (1921)
"4—1844) 1847 v Factory Acts included women. Hours fixed. 1850] 5—1848. Board of Health created. (6) Repeal of restrictions—Laissez-faire—The ..."

6. The Encyclopedia Americana: A Library of Universal Knowledge (1919)
""laissez faire, laissez passer," let men make things and let the products pass. ... "Laissez-faire" became the shibboleth of the free traders of the ..."

7. Studies of a Biographer by Leslie Stephen (1902)
"To him as to them it represented the evil principle in modern thought: materialistic and mechanical views of history, selfishness in morals, laissez-faire ..."

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