Changes

'''Laissez faire''' (let us do or let us work) is the economic theory of a true [[free market]] with no [[government]] intervention. Modern press approximately translates ''Laissez faire'' 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]], but as [[Thomas Malthus]] and [[David Ricardo]], did not use the term.  

'''Laissez faire''' (let us do or let us work) is a general principle of non-interventionism on the part of [[federal government]], allowing states to handle matters at their level.  In economic theory, the term implies a true [[free market]] with no [[government]] intervention. Modern press approximately translates ''Laissez faire'' 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]], but as [[Thomas Malthus]] and [[David Ricardo]], did not use the term.  

::''Laissez faire, laissez passer, le monde va de lui même.'' Vincent de Gournay.   

::''Laissez faire, laissez passer, le monde va de lui même.'' Vincent de Gournay.   

[[Category:Economics]]

[[Category:Economics]]

[[Category:Political Approaches]]

[[Category:Political Theory]]