"Laissez-faire economic systems" You mean like the system where the US government printed money like crazy during the 1990s - 2000s and had official policy enc

"Laissez-faire economic systems" You mean like the system where the US government printed money like crazy during the 1990s - 2000s and had official policy encouraging folks to buy homes who could not afford them? Or the central economic planning and corruption at every level in China, resulting in unneeded cities that sit nearly entirely empty? These two correlate ~ cheap money in the US (artificially low interest rates) got transferred to China en mass, fulling growth there, much of which is misdirected due to central planning. So yes, let's apply more central planning to the effects instead of unravel the cause.