Laissez-faire economics
Laissez-faire economics reject or challenge liberalism? Because Laissez-faire is on the extreme, and both extremes of the spectrum reject liberalism? Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention. The theory of laissez-faire was developed by the French Physiocrats during the 18th century. Laissez-faire advocates that economic success is inhibited when governments are involved in business and markets.

