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LOTERRE

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Concept information

Preferred term

laissez-faire  

Definition(s)

  • LAISSEZ-FAIRE describes an economic doctrine that allows for a free-enterprise system to operate according to its own economic laws and opposes governmental regulation of commerce beyond the minimum necessary. The term translates from the French as “to let alone.” In the 18th century, laissez-faire enjoyed influence in many different areas of everyday life as early European economic thought overlapped with political, philosophical, and religious ideology. [Source: Encyclopedia of Politics: The Left and the Right: Volume 1: TheLeft and Volume 2: The Right; Laissez-Faire]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-RZ9LDTVX-J

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