laissez-faire

(redirected from laissez faire)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.
Related to laissez faire: Laissez Faire Leadership

laissez-faire

1. The doctrine that the government should not be involved with nor controlling of businesses. The new president has vowed to take a position of laissez-faire to undo the overregulation of businesses practiced by the previous administration.
2. A stance or desire that one will not control or be involved with the actions of other people. It seems to be in vogue recently for parents to be laissez-faire with their children, allowing them total freedom without structure or discipline.
References in periodicals archive ?
Table 5 shows the moderating effect of perceived laissez faire teaching style in relationship between meta-cognitive awareness having two components meta-cognitive knowledge and meta-cognitive regulation and study habits.
It is also concluded that democratic style enhances the job satisfaction of teachers while laissez faire style decreases the level of job satisfaction.
He alleges, "While Milton Friedman and his followers link laissez faire with the defense of individual freedom, in actuality, it is large corporations' right to profit that is being defended." The charge is uncharitable if not unfair.
Laissez faire leadership style: There was a high statistcal significance regarding the relationship between laissez faire leadership style and strategy implementation by Pearson product-moment correlation measure of significance (0.000) with positive correlation (r=.621) as per Table 4).
The literature review reveals that most of the studies regarding OCB and leadership styles have been conducted using transformational, transactional and laissez faire leadership style (Kamisan and King, 2013; Podsakoff et al., 2000; Saeed and Ahmad, 2012; Sahaya, 2012; Vigoda-Gadot, 2007).
Warren Harding's more genuine commitment to laissez faire, Hoover began one 1921 conference with a call to "do something" rather than nothing.
Laissez Faire stocks all the books it promotes, allowing the company to ship orders within 24 hours.
Robert Lee Hale has long been an intellectual thorn in the side of the defenders of laissez faire, among whom I am quite happy to count myself.
"The state's action should go a long way towards providing structure to what has been a laissez faire industry," said John Squadrito, founder of Massapequa Park-based Brofco Mortgage Corp.
Business was wary of legislation less for the impositions it placed on individual initiative than for the threats it posed to the networks that structured the business community; laissez faire frequently meant "let us arrange things among ourselves".
The phrase comes from the motto of the physiocrats, a school of French economists of the mid - 18th century: Laissez faire, laissez passer ( " let do; let pass " ).
The Laissez Faire Leadership Style: Leaders totally trust their employees/team to perform the job themselves.
Another famous economist of the early 20th century, Yale University's Irving Fisher, wrote in 1907 an article titled "Why Has the Doctrine of Laissez Faire Been Abandoned?" A defender of eugenics and an advocate of Prohibition, Fisher hailed "the change from extreme laissez faire doctrines of the classical economists to the modern doctrines of governmental regulation and social control."
Although most would dispute the idea that laissez faire has been completely restored on a practical level, few would argue against its primacy as an economic ideology used extensively in making policy.
Ministers deleted amendments passed by the European Parliament that would have retained fixed EU pack sizes for drinking milk and ground coffee, preferring a laissez faire approach.