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laissez faire

noun
/ˈlæseɪ ˌfɛə(ɹ)/UK/ˌlɛ(ˌ)seɪ ˈfɛəɹ/US

Etymology

Borrowed from French laissez faire (“leave it be”, literally “let do”).

  1. borrowed from laisser faire

Definitions

  1. A policy of governmental non-interference in economic affairs.

    • In brief, all this Mammon-Gospel of Supply-and-demand, Competition, Laissez-faire, and Devil take the hindmost, begins to be one of the shabbiest Gospels ever preached on Earth; or altogether the shabbiest.
    • While laissez-faire economy was the product of deliberate State action, subsequent restrictions on laissez-faire started in a spontaneous way. Laissez-faire was planned; planning was not.

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

  3. Practicing or representing governmental noninterference, or minimal interference,…

    Practicing or representing governmental noninterference, or minimal interference, especially in economic affairs; pertaining to free-market capitalism.

    • I think the city should take a laissez faire approach to this; getting involved would only make things worse.
  4. ›+ 3 more definitions

    1. Advocating such noninterference.

      • The Senator claims to be laissez faire, but he voted in favor of the subsidies.
      • While laissez-faire economy was the product of deliberate State action, subsequent restrictions on laissez-faire started in a spontaneous way. Laissez-faire was planned; planning was not.

    2. Resulting from such noninterference.

      • The price ceiling was well below the laissez faire price that demand would have supported, so there were always shortages.

    3. Avoiding interference in other people's affairs

      Avoiding interference in other people's affairs; choosing to live and let live.

The neighborhood

Vish — recursive loop

No curated loop yet for laissez faire. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA