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If a government is laissez-faire, it does not have many laws and rules that control the buying and selling of goods and services.
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an economic theory or plan in which a government does not have many laws or rules to control the buying and selling of goods and services
the idea that businesses should be free to develop without the involvement or control of government:
Those who subscribe to absolute laissez-faire economics, or no government regulation, are sometimes referred to as economic anarchists.
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the idea that people should be free to choose how to do things, without too much control from someone in authority:
If you choose a laissez-faire management style, you give your staff room to make their own decisions.
If insurance companies end up suffering from this that goes against everything laissez–faire capitalism stands for.
After all, the tragedy was not a natural disaster but a man-made one, too, frighteningly typical of this age of laissez–faire capitalism.
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With a sort of digital laissez–faire, fear-based distortion and emotional rhetoric must be overcome by pragmatic analysis and rational experimentation.
He has never challenged the laissez–faire assumption that a market economy will automatically return itself to full employment without any government macroeconomic intervention.
I”m not sure if it is occupied, for it has a laissez–faire appearance that suggests, at the very least, benign neglect.
Contrary to laissez–faire theory, individuals don”t always act in their economic self-interest, he shows.
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