Home > Terms > Armenian (HY) > թույլ տվեք գործել
թույլ տվեք գործել
Let-it-be economics: the belief that an economy functions best when there is no interference by government. It can be traced to the 18th-century French physiocrats, who believed in government according to the natural order and opposed mercantilism. Adam Smith and others turned it into a central tenet of classical economics, as it allowed the invisible hand to operate efficiently. (But even they saw a need for some limited government role in the economy. ) In the 19th century, it inspired the British political movement that secured the repeal of the Corn Laws and promoted free trade, and gave birth to The Economist in 1843. In the 20th century, laissez-faire was often seen as synonymous with supporting monopoly and allowing the business cycle to boom and bust, and it came off second best against Keynesian policies of interventionist government. However, mounting evidence of the inefficiency of state intervention inspired the free market policies of Ronald Reagan and Margaret Thatcher in the 1980s, both of whom stressed the importance of laissez-faire.
- Loại từ: noun
- Từ đồng nghĩa:
- Blossary:
- Ngành nghề/Lĩnh vực: Economy
- Category: Economics
- Company: The Economist
- Sản phẩm:
- Viết tắt-Từ viết tắt:
Ngôn ngữ khác:
Bạn muốn nói gì?
Terms in the News
Featured Terms
ձեռքերը կանթած
Դիրք, երբ ձեռքերը կոնքամասում են և արմունկներն էլ դուրս են հակված:
Người đóng góp
Featured blossaries
anton.chausovskyy
0
Terms
25
Bảng chú giải
4
Followers
Intro to Psychology
tim.zhaotianqi
0
Terms
40
Bảng chú giải
4
Followers
CORNING Gorilla Glass
Browers Terms By Category
- Wireless networking(199)
- Modems(93)
- Firewall & VPN(91)
- Networking storage(39)
- Routers(3)
- Network switches(2)
Network hardware(428) Terms
- Medicine(68317)
- Cancer treatment(5553)
- Diseases(4078)
- Genetic disorders(1982)
- Managed care(1521)
- Optometry(1202)
Health care(89875) Terms
- Prevention & protection(6450)
- Fire fighting(286)
Fire safety(6736) Terms
- Home theatre system(386)
- Television(289)
- Amplifier(190)
- Digital camera(164)
- Digital photo frame(27)
- Radio(7)
Consumer electronics(1079) Terms
- Osteopathy(423)
- Acupuncture(18)
- Alternative psychotherapy(17)
- Ayurveda(9)
- Homeopathy(7)
- Naturopathy(3)