Laissez-faire is a phrase from French which basically means “let it on the free market”; let people do what they want; do not try - even in a good faith - to make the market better through regulations; do not influence the free market in any way, because you, the state, are not smarter than the millions of entrepreneurs who are trying to satisfy the needs of their customers. You simply cannot produce a law that is good for everyone. Let people actually be free and do not throw obstacles in their way.
In the Czech Republic, we have here many libertarians who write brilliant articles about how the state harms us and on this account, these articles will be translated into English - of course, with their permission. Our goal is to spread libertarian thoughts, initiate discussions on the alleged necessity of the state and possibly to split rewards with authors of the original articles. If you want to know more about anarcho-capitalism, minarchism and a noxiousness of state interventions, please follow us.
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https://steemit.com/libertarian/@samotonakatoshi/criterion-of-usefulness