Laissez - faire is a French phrase meaning unwillingness to get involved in or influence other people's activities. It is also an economic theory or plan that favors free markets and minimal government intervention. Learn more about its meaning, usage and translations in different languages. The meaning of LAISSEZ-FAIRE is a doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights. How to use laissez-faire in a sentence. Did you know? Laissez - Faire is an economic doctrine that advocates minimal or no government intervention in business and economic affairs. Learn about its meaning, history, benefits, criticism, policies, and examples in this blog post.

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