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''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'' 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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