the theory or system of government that upholds the autonomous character of the economic order, believing that government should intervene as little as possible in the direction of economic affairs.
2.
the practice or doctrine of noninterference in the affairs of others, especially with reference to individual conduct or freedom of action.
Also, laisser faire.
Origin: 1815–25; < French: literally, allow to act
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Laissez faireis always a great word to know.
So is flibbertigibbet. Does it mean:
So is quincunx. Does it mean:
So is lollapalooza. Does it mean:
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
a chattering or flighty, light-headed person.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.