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Laissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / LESS-ay-FAIR; or / l ɑː ˌ s ɛ z ˈ f ɛ. j ə r /, from French: laissez faire [lɛse fɛːʁ] ⓘ, lit. ' let do ' ) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations ).
laissez-faire lit. "let do"; often used within the context of economic policy or political philosophy, meaning leaving alone, or non-interference. The phrase is the shortcut of Laissez faire, laissez passer, a doctrine first supported by the Physiocrats in the 18th century.
Collective laissez faire is a term in legal and economic theory used to refer to the policy of a government to leave trade unions and employers free to collectively bargain with one another, with limited government intervention and oversight.
Laissez-faire (also known as capitalistic inclusionism or wikilibertarianism), on Wikipedia, is the doctrine that users should be free to make whatever contributions they choose (especially in non-Mainspace pages) as long as they do not forcibly interfere with the equal right of others to contribute as they choose.
Best Food Gifts for Christmas Kelly Fields’ Southern Brunch Box. Start Christmas morning on the right foot with a brunch courtesy of Kelly Fields, one of the South’s most acclaimed chefs.
A cleaning company has been fined $171,000 after federal investigators found 11 children working a "dangerous" overnight shift at a meat processing plant in Iowa.
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An American citizen has died at a popular adventure spot in Laos where alcohol tainted with methanol has been blamed for a spate of poisonings in recent days.