A laissez-faire policy would, at zero cost to the taxpayer, allow the market to continue to correct itself, bringing housing back within the reach of first-time buyers.

On the contrary, this global think tank embraces orthodox, laissez-faire policies that make economic growth an article of faith.

The regime acknowledged early on that radicalism and republicanism threatened it, undermining its laissez-faire policies.

Domestically, political attitudes favoured free trade and laissez-faire policies and a gradual widening of the voting franchise.

In contrast to paleoconservatives, libertarian conservatives support strict laissez-faire policies such as free trade, opposition to any national bank and opposition to business regulations.