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'''Laissez faire''' is the economic theory of a true [[free market]] with no [[government]] intervention. ''Laissez faire'' approximately translates into, "Do what you will" from French. A noted advocate of the ''laissez faire'' style of economy was [[Adam Smith]], who pioneered the theory of modern [[capitalism]].
'''Laissez faire''' is the economic theory of a true [[free market]] with no [[government]] intervention. ''Laissez faire'' approximately translates into, "Do what you will" from French. A noted [[advocate]] of the ''laissez faire'' style of economy was [[Adam Smith]], who pioneered the theory of modern [[capitalism]].
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[[Category:Economics]]
[[Category:Economics]]