A letting alone; a general non-interference with individual freedom of action; the let-alone principle or policy in government and political economy.(noun)
The Century Dictionary (Public Domain)
Use "laisser-faire" in a sentence
"We are supposed to be a nation built upon an antipathy to government - an anti-statist creed that Seymour Martin Lipset once said could "be described in five words: liberty, egalitarianism, individualism, populism and laisser-faire.""
"Tangential — on economist. com, Google reports 300-some hits for “laissez-faire” and 180-some for “laisser-faire”."
"Sounds like crazy Wall Street-style laisser-faire!"