Laissez-Faire

Do you remember the first time you heard the term laissez-faire? Maybe you were in a high school economics class or a European history course. That super-fun-to-say term is a significant player in capitalism (and the history of capitalism) and it also has a little something to do with MBA's research project. For a quick tutorial and an explanation as to the importance of economic exchange research, listen to this segment on NPR: Economic Crisis Stirs Free-Market Debate.