Jan 16, 2009 21:44
laissez-faire \les-ey FAIR\, adjective:
1. the principle that business, industry, trade, etc. should operate with a minimum of regulation and interference by government
adjective:
1. maintaining the principle of letting people do as they please
by 1825, from French, literally "let (people) do (as they think best)," from laissez "let" + faire "to do" (from Latin facere).