Laissez Fair

What is Laissez Fair?


1.

(les-ey fair; Fr. le-sey fer)

1. the theory that government should intervene as little as possible in the direction of economic affairs.

2. As present in the U.S. as free-trade and capitalism

"America isn't a true capitalist nation. What ever happened to laissez fair and free-trade?"

See america, free trade, capitalist, government, economy


97

Random Words:

1. Known as "God's Square Mile", this little town on the beach was founded in the 1800's as a Methodist resort. Despite..
1. The act of describing actions in first or third person within the confines of shifted 8s, generally using an instant messaging program s..
1. 1 vote on Urban Dictionary usually means that they are the person to rate their own dumb word. Especially when there is 5 stars and 1 vo..