''Laissez faire'' is the economic theory of a true free market with no government intervention. ''Laissez faire'' translates into, "Do what you will." A noted advocate of the ''laissez faire'' style of economy was [[Adam Smith]]. | ''Laissez faire'' is the economic theory of a true free market with no government intervention. ''Laissez faire'' translates into, "Do what you will." A noted advocate of the ''laissez faire'' style of economy was [[Adam Smith]]. |