Laissez-faire, in French, literally means “let you do.” Legend has it that the origins of the phrase “laissez-faire” in an economic context came from a 1681 meeting between the French finance minister Jean-Baptise Colbert and a businessman named Le Gendre. As the story goes, Colbert a...
and so on. We concentrate on corporatism and mixed economies because that is what is dominating the world just now. Note that some people use "capitalism" when they mean "corporatism" or statist capitalism. Anarchism is totally compatible with free market capitalism,laissez fairewith zero governmen...
Laissez-faire economics is the philosophy that minimal state interference and participation in the economy will maximize economic growth and prosperity. Additionally, neoliberalism is sometimes confused with libertarianism. However, neoliberals typically advocate for more government intervention in the economy ...
But the laissez-faire has helped win unlikely converts. Milius brought up Red Scare, a podcast that has become the premier example of this attraction—she’d actually cast one of the hosts, Dasha Nekrasova, in the film she made as her senior thesis in directing school at USC. Mos...
Government regulation. People flirt with lunatic libertarianism... but the Fed, the FDIC, and the FDA are still in business. Laissez-faire capitalism is great for making a few people rich and the rest of the country miserable; if 1890s America is hazy in your mind, you can seethe results...
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In Sri Lanka people are worried when the government sells state assets. These people think that ‘somehow’ the state should manage it. There were instances where the state assets were sold to the cronies of the ruling party to which no one would agree. Even though the selling process is ...