Sorry you'll need to elaborate
Hello! Today's #WordOfTheDay is 'laissez-faire' https://s.m-w.com/30YfwBy pic.twitter.com/Lo7BEwiA56
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The term itself means "to let be." As far as economics are involved, the principle is to let businesses (organisations designed to serve a need) do what they believe is best for their mission without government interference, such as regulations.
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Also a leadership style!
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Explain the explanation
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French for let it be!
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That's french for let it be or leave it alone
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Nice subtweet.
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Politicians: The market will take care of itself The Market: *Does many racist things* Politicians: Ah well
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This is a terrible definition as it contains and ideologically biased language. It should read 'intervention' - a more neutral word - rather than 'interference.' --signed an economist
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Good catch. I agree.
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