Freeman

ARTICLE

Laissez Faire

SEPTEMBER 01, 1981 by LUDWIG VON MISES

In eighteenth-century France the saying laissez faire [let people do or make what they choose] and laissez passer [let pass or go] was the formula into which some of the champions of the cause of liberty compressed their program.

Laissez faire does not mean: Let soulless mechanical forces operate. It means: Let each individual choose how he wants to cooperate in the social division of labor; let the consumers determine what the entrepreneurs should produce.

Planning means: Let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.

The alternative is not between a dead mechanism or a rigid automatism on one hand and conscious planning on the other hand. The question is whose planning?

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September 1981

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