laissez-faire

Definition

The opinion that an economic system should be driven by free market forces, not government intervention.

Use laissez-faire in a sentence

He was quite adamant about his opinions on laissez-faire rather than having the government determining the outcome of the economy.

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The libertarian candidate is a huge proponent of a laissez-faire economy; he doesn't believe that the government should be involved in the market at all.

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The policy of laissez-faire economics can be credited for why we took the meddling senators out back and, shall we say, abundantly watered the tree of liberty.

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