Hello everyone,
Just like the invisible hand, another important concept in capitalism economics is the laissez-faire. It is a concept proclaimed by Adam Smith. As we know laissez-faire is a product of the enlightenment idea. The concept defends the idea of unleashing the human potential throughout a system where the restrictions of the government are unhindered. Adam Smith had the similar thought where laissez-faire is a moral program and the market is the instrument for ensuring the natural laws.
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