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Together with François Quesnay, whose disciple he was, [1] he was a leader of the Physiocratic School. Gournay's father was Claude Vincent, a merchant in Saint-Malo as well as a secretary to the king. [2] Gournay didn't write much, but had a great influence on French economic thought through his conversations with many important theorists.
(Gournay's bye-word on the government's proper involvement in the economy – "laisser faire, laisser passer" – would pass into the vocabulary of economics.) In 1760, while travelling in the east of France and Switzerland, he visited Voltaire , who became one of his chief friends and supporters.
The results of the survey were included in the book Prime Ministers: Ranking Canada's Leaders by J. L. Granatstein and Norman Hillmer. A 2001 book by Quebec nationalist writer Normand Lester , Le Livre noir du Canada anglais (later translated as The Black Book of English Canada ) accused Bennett of having a political affiliation with, and of ...
Coolidge is widely admired for his stalwart support of racial equality during a period of heightened racial tension, [5] and is highly regarded by advocates of smaller government and laissez-faire economics; supporters of an active central government generally view him far less favorably.
In 2013, Shortz lent his name and talents in puzzle writing and editing to a new bimonthly publication entitled Will Shortz' WordPlay, published by Penny Press. [17] He has said that his favorite crossword of all time is the Election Day crossword of November 5, 1996, designed by Jeremiah Farrell.
Laissez-faire (/ ˌ l ɛ s eɪ ˈ f ɛər / LESS-ay-FAIR; or / l ɑː ˌ s ɛ z ˈ f ɛ. j ə r /, from French: laissez faire [lɛse fɛːʁ] ⓘ, lit. ' let do ' ) is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism (such as subsidies or regulations ).
The system works best when there is a complementary relationship between one person's needs and another person's desires, and so trade restrictions place an unnatural barrier to achieving one's goals. Laissez-faire was popularized by physiocrat Vincent de Gournay who is said to have adopted the term from François Quesnay's writings on China. [10]
However, Spencer's theories of laissez-faire, survival-of-the-fittest and minimal human interference in the processes of natural law had an enduring and even increasing appeal in the social science fields of economics and political science, and one writer has recently made the case for Spencer's importance for a sociology that must learn to ...