Difference between revisions of "Laissez faire"
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| − | ''Laissez faire'' | + | ''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]]. |
However, there can be no liberty without God. The Bible says, "Therefore thus saith the LORD; Ye have not hearkened unto me, in proclaiming liberty, every one to his brother, and every man to his neighbour: behold, I proclaim a liberty for you, saith the LORD, to the sword, to the pestilence, and to the famine; and I will make you to be removed into all the kingdoms of the earth." -- Jeremiah 34:17. | However, there can be no liberty without God. The Bible says, "Therefore thus saith the LORD; Ye have not hearkened unto me, in proclaiming liberty, every one to his brother, and every man to his neighbour: behold, I proclaim a liberty for you, saith the LORD, to the sword, to the pestilence, and to the famine; and I will make you to be removed into all the kingdoms of the earth." -- Jeremiah 34:17. | ||
Revision as of 06:32, 15 March 2007
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.
However, there can be no liberty without God. The Bible says, "Therefore thus saith the LORD; Ye have not hearkened unto me, in proclaiming liberty, every one to his brother, and every man to his neighbour: behold, I proclaim a liberty for you, saith the LORD, to the sword, to the pestilence, and to the famine; and I will make you to be removed into all the kingdoms of the earth." -- Jeremiah 34:17.
