单词 | laissez-faire |
释义 | laissez-faireDefinition French for, allow to pass; let go. See laissez-faire economics. Use 'laissez-faire' in a SentenceWhile traditionally regarded in a positive light, more scrutiny is being placed upon the free market theory of laissez-faire economics as income inequality intensifies. The newly-appointed finance minister pursued a laissez-faire economic policy by reducing regulations on industry and banking, cutting government incentives, and removing restrictions on trade and commerce. I support laissez-faire capitalism, I think that the government should stay out of the economy because when they get involved all sorts of problems and difficulties arise from their inept bureaucracy. |
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