Socialism/economics

Famous quotes containing the words socialism and/or economics:

“Without freedom, no art; art lives only on the restraints it imposes on itself, and dies of all others. But without freedom, no socialism either, except the socialism of the gallows.”
—Albert Camus (1913–1960)

“There is no such thing as a free lunch.”
—Anonymous.

An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)