What does the concept of laissez-faire mean for liberal political economists?

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For liberal political economists, the concept of laissez-faire means that the state shall not interfere with the running of the economy. They believe that free market competition and individual self-interest will result in the most efficient and beneficial outcomes for society as a whole. The government's role is limited to enforcing property rights, contracts, and preventing monopolies or fraud.

What Does the Concept of Laissez-Faire Mean for Liberal Political