Laissez-faire

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  • We don't need your help!
  • I just passed a bill regulating the sale of cars and taxes on these sales as well.
  • Yeah! What what he sai-wait. What does Laissez-Faire even mean?
  • Haven't you ever heard of Laissez-Faire Economics!!! Let the people make their own decisions!
  • Adam Smith
  • "Laissez-Fare is a French term that means 'let they people do what they want'. In economics this means that government intervention in the economy is minimal and people run the economy. This term was made famous by Adam Smith who (along with the Physiocrats) pioneered the way for modern social science.
  • Economic independence is important. With it society would benefit and people will achieve true freedom.
  • Government has three basic roles protection, justice, and public work projects. Pursuits outside of these such as those in the economy are futile.
  • The Physiocrats
  • In our case our governor here is trying to strictly prohibit the sale of cars it is for events like this that emphasize the importance of Laissez-Faire Economics.
  • I get it...so Laissez-Faire refers the government's position of letting the people of the nation control the economy!
  • Exactly!
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