Outrageously Funny Word Dictionary :: Kaiserism

👉 Kaiserism is a political ideology that advocates for limited government intervention in the economy and social welfare programs, often seen as a form of laissez-faire capitalism. It emphasizes individual freedom and private property rights, while also advocating for the protection of workers' rights and the preservation of traditional values and cultural heritage. The term was coined by Austrian economist Friedrich Hayek in his 1925 book "The Federalist Papers," which he wrote to defend the principles of free trade and limited government

kaiserism