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Adam Smith was a Scottish philosopher during the Enlightenment who coined the term "Laissez-Faire" (Meaning "let do" in French) in his book titled "The Wealth of Nations" to describe an economic system in which the markets are completely unregulated and individuals are economically free to do as they please with no government interference.

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Kristin Roberts

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Q: What is the connection between Adam Smith and laissez-faire economics?
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Father of Economics is Adam Smith


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What has the author Henry Smith written?

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Adam Smith


What is the connection between Adam Smith and Laissez Faire economics?

Adam Smith was a Scottish philosopher during the Enlightenment who coined the term "Laissez-Faire" (Meaning "let do" in French) in his book titled "The Wealth of Nations" to describe an economic system in which the markets are completely unregulated and individuals are economically free to do as they please with no government interference.