The period of classical political economy has often been seen as an age dominated by the principles and policies of laissez-faire, where the role of the state is limited to little more than 'the protection of person and property against force and fraud' both internally and externally.1 ...
Popularized in the mid-1700s, the doctrine of laissez-faire is one of the first articulated economic theories. It originated with a group known as the Physiocrats, who flourished in France from about 1756 to 1778.These thinkers tried to apply scientific principles and methodology to the study ...
During the 20th century, especially in the wake of the Industrial Revolution, laissez-faire lost much of its force, giving way to policies and philosophies favoring collective action, as evidenced by the growth of trade associations and trade unions. With the rise of big business, state controls...
Laissez-faire policies serve as a motivation for the producer to hone its products in response to the standards set by the market. The price system is such that the output and consumption levels are solely determined by the varied decisions made by households and firms through transactions in th...
The period of classical political economy has often been seen as an age dominated by the principles and policies of laissez-faire, where the role of the state is limited to little more than 'the protection of person and property against force and fraud' both internally and externally.1 Carlyle...
lais sez-faire ismnoun Discover More Word History and Origins Origin oflaissez faire1 1815–25;<French:literally, allow to act Origin oflaissez faire2 First recorded in1815–25 Discover More Example Sentences Until this season, Aspen Snowmass had one of the most laissez faire policies, with tot...
Laissez-faire has never been an option for us 自由放任从来不是我们的选择。 MultiUn Open economies are not laissez-faire economies 开放的经济不是自由放任的经济。 MultiUn The Tunku government preferred laissez-faire policies, minimising economic intervention. 東姑政府偏向自由放任政策,儘可能減少...
The demonstration of the general principles of economic theory which explained the role of capital and free competition (the essential elements of the new society) crystallised into a laissez-faire synthesis. The nature of behaviour in human society was closely related to the economic role performed...
Related to Laissez-faire capitalism:laisser faire lais·sez faire alsolais·ser faire(lĕs′ā fâr′, lā′zā) n. 1.An economic doctrine that opposes governmental regulation of or interference in commerce beyond the minimum necessary for a free-enterprise system to operate according to its ...
and the consequences of different regulatory policies: a disclose-or-abstain rule, 'fair' disclosure, laissez-faire and forbidding insider trades based on ... L Angel Medrano,X Vives - 《Cepr Discussion Papers》 被引量: 106发表: 2002年 The Dynamics of Interventionism such as private property ...