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laissez-faire

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
laissez-faire 
1. the principle that businesses should not be controlled by the government The previous government had a policy of laissez-faire, whereas this government wants a closer partnership with industry.
2. the wish not to control people or not to become involved in their actions There are no effective laws to protect women from abusive husbands. An attitude of laissez-faire prevails.


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Taking a far more Laissez-faire approach to the often manipulated exchange rate, the policy authority said it wasn't appropriate for the government to decide what an appropriate level for the currency was.
The draft aims to bring to an end a laissez-faire attitude to cigarette smoking that endured through the totalitarian dictatorship of Saddam Hussein and years of fighting since the 2003 US-led invasion that overthrew him.
Today, laissez-faire economic policy leaves Iceland, which is severely wounded after years of it running the government," Sigfusson said.
 
 
 
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