The Limited Liability of Laissez-Faire Economics is a gargantuan, efficient nation, ruled by the misinterpretations of Adam Smith with an iron fist, and remarkable for its public floggings, enslaved workforce, and complete lack of public education. The hard-nosed, hard-working, cynical, humorless, devout population of 19.276 billion homeless are rabid consumers, partly through choice and partly because the government tells them to and dissenters tend to vanish from their homes at night.

The minute, corrupt, pro-business, well-organized government, or what there is of one, is effectively ruled by the Department of Defense, with Law & Order also on the agenda, while Welfare and Environment aren't funded at all. Citizens pay a flat income tax of 1.1%.

The powerhouse capitalist economy, worth a remarkable 3,319 trillion dollars a year, is driven almost entirely by the private sector, which is broadly diversified and led by the Gambling industry, with major contributions from Soda Sales, Retail, and Arms Manufacturing. Average income is an impressive 172,231 dollars, but there is a vast disparity between incomes, with the richest 10% of citizens earning 1,597,631 per year while the poor average 1,748, a ratio of 913 to 1.

Drugs containing the compound "oleum de serpens" are being sold to cancer patients, the smell of napalm in the morning is usually alongside grilled eagle, government ministers claim to ride dragons to work, and molehills are the only mountains deemed safe enough for the public. Crime, especially youth-related, is all-pervasive, perhaps because of the country's complete lack of prisons. Laissez-Faire Economics's national animal is the eagle, which is also the nation's favorite main course.

Laissez-Faire Economics is ranked 289,408^th in the world and 113^th in Capitalist Paradise for Nicest Citizens, with 0.22 average smiles per day.