nope he sure wasn't :)
He was a strong supporter of laissez faire economics
the business owners
Laissez Faire economics was a statement of a "hands off" agreement between the government of citizens. Laissez Faire basically means hands off. Adam Smith was an advocate of this idea.
FDR
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
He was a strong supporter of laissez faire economics
the business owners
Laissez Faire economics was a statement of a "hands off" agreement between the government of citizens. Laissez Faire basically means hands off. Adam Smith was an advocate of this idea.
Pioneer can be used as both a noun and a verb, as in "Adam Smith was the first pioneer of Laissez-Faire Economics" or "Adam Smith pioneered the idea of Laissez-Faire economics."
FDR
Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than protect property rights and maintain peace.
Adam Smith
No.
Laissez-faire economics IS an economic system. However, it is a subset of wider capitalism.
A laissez-faire leader is a leader who advocates free market economics with as little government intervention as possible.
Adam Smith.
little government intervention