Question and answer
"Laissez faire" economics recommends (Points : 1)
Laissez-faire literally translates to "let do," but is closer in meaning to "let it be." It is the philosophy that business runs better when there is less interference by the government. [ What we now call the "free market economy." If you want to learn about that kind of economics, and see a good comparison of that and other types of economy, I recommend "Basic Economics" by Thomas Sowell.
Dr. Sowell was an economics professor at several colleges and is currently a fellow at Cornell's Hoover Institution. It is likely that he knows a thing or two about the subject ]
Expert answered|bernalB|Points 0|
Question
Asked 7/7/2012 1:09:28 PM
Updated 9/6/2013 8:06:18 PM
1 Answer/Comment
Get an answer
New answers
Rating
1
allowing a free market to operate.
Added 9/6/2013 8:06:18 PM
Rated good by mnm
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Socrates objected to democracy because it
Weegy: Well, Plato objected to it because it was "mob rule" - the laws of the nation were subjected to the passions and whims of the people. Socrates had a very specific idea of the perfect government, ie a republic lead by philosophers (such as himself). [ He felt that in a direct democracy, the votes of uneducated and imperfect individuals would create an imperfect government. Interestingly, that fear was somewhat shared by the founding fathers - the electoral college was designed to overrule a popular election that the electors deemed bad for the country. It can be argued that the view of the perfect philosopher kings that is attributed to Socrates, is actual Plato's view. But they're all dead and we can't know for sure. Source(s): ] (More)
Question
Expert Answered
Asked 7/7/2012 12:59:18 PM
0 Answers/Comments
17,968,296 questions answered
Popular Conversations
How is the infinitive phrase used in the sentence? Morning is the ...
Weegy: To go to college is my greatest ambition. The infinitive phrase "to go to college" is used as noun as subject. ...
10/24/2014 11:04:05 AM| 5 Answers
Brandon's huge collection of paper cranes come from his origami ...
Weegy: The correct sentence is: Brandon's huge collection of paper cranes comes from his origami hobby. User: ...
10/24/2014 7:48:30 AM| 3 Answers
Solve for x. -5x + 12x - 8x = -24
Weegy: Add -5, 12, and -8 to get -1. So -1x=-24. Thus x=24 User: Choose the answer based on the most efficient ...
10/23/2014 12:33:39 AM| 2 Answers
Who was the poet who wrote The Faerie Queene? A. Francis ...
Weegy: Edmund Spenser was the poet who wrote The Faerie Queene.
10/23/2014 1:19:01 AM| 2 Answers
Emily Dickinson's poem "Success" is ironic because the idea of losers ...
Weegy: True User: Poems compact meaning and make unexpected associations. True False
10/23/2014 6:26:33 AM| 2 Answers
What percent of 115 is 29.9
Weegy: What percent of 115 is 29.9? is 26% User: What percent of 22 is 44 Weegy: The 44% of 175 is: Convert 44% in ...
10/23/2014 7:20:21 AM| 2 Answers
What is the solution set of (x - 2)(x - 3) = 2?
Weegy: 2(x - 2) > 3(x - 2); 2x - 4 > 3x - 6; 2x - 3x > -6 + 4; -x > -2; x User: What is the solution set of (3x - ...
10/23/2014 7:32:32 AM| 2 Answers
Which of the following expressions is equal to 5 - 2m? 7 - 2(m + ...
Weegy: 5 - 2m is equal to 7 - 2(m + 1) User: Simplify 6(x + 2) + 7. User: Simplify 3x + 3 + 2. User: How ...
10/23/2014 7:54:53 AM| 2 Answers
Multiply the following fractions. Reduce your answer to lowest terms. ...
Weegy: 12/35 User: multiply and reduce 1 7/10 x 3/4 Weegy: 5/12
10/23/2014 8:49:48 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2600 [Total 14975]| Ratings 0| Comments 2600| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1628 [Total 11109]| Ratings 4| Comments 1588| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 896 [Total 13125]| Ratings 0| Comments 896| Invitations 0|Offline
S
L
Points 605 [Total 2004]| Ratings 0| Comments 605| Invitations 0|Offline
S
1
L
L
Points 505 [Total 6299]| Ratings 3| Comments 475| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 454 [Total 455]| Ratings 6| Comments 394| Invitations 0|Offline
S
Points 277 [Total 277]| Ratings 1| Comments 267| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
L
Points 34 [Total 3572]| Ratings 2| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.