Laissez-faire economics have been kicking around for centuries. Here’s what the term means. The market knows best. That’s the core of the term laissez-faire. In an economy in which millions of people ...

Laissez-faire is a French term that translates to "let them do." It's typically used in regard to an economic philosophy that argues against government intervention in the economy. However, ...

Leadership styles can make a significant impact on the success and work environment of any organization. One such leadership style is the laissez-faire leadership approach, which basically the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...