What is the liaises fair?

Laissez-faire is an economic philosophy advocating minimal government intervention in the marketplace, allowing individuals and businesses to operate freely. The term, which translates from French as "let do" or "let it be," promotes the idea that free markets lead to more efficient and innovative outcomes. Proponents argue that when individuals pursue their self-interest, it ultimately benefits society as a whole through the "invisible hand" of competition and supply and demand. This approach has roots in classical liberalism and was notably championed by economists like Adam Smith.