Laser-Faire is an economics theory devised a long time ago in a galaxy far, far away by the Dark economist Adam Sith. The theory postulates that all economic relationships must involve lasers in some way, and that invisible hands power the driving Force of economic booms and recessions.
Known as "less is fair." An economist who never got around to writing a nine hundred-page thesis on economics developed this system, but his idea still lives on to this day. It involves "just going with it" and "stop worrying." This was an extremely effective form of economy in the late 90's as its main tenant was "no rules for anything, ever." The system collapsed with the election of George W Bush who used it just as intended, but perhaps a bit too much.
Post inspired by a "lazy faire" comment left by abby something.
China Manufacturing PMI Treads Water - Chinese manufacturing is once again treading water, barely above contraction according to the HSBC Flash China Manufacturing PMI. *Key points* - Flas...
34 minutes ago