Laissez faire

n.

1.

Noninterference; - an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire; the laissez faire system of government.

Noun

1.

laissez faire - the doctrine that government should not interfere in commercial affairs Synonyms: individualism

doctrine, individualism, ism, philosophical system, philosophy, school of thought