Choice Sets and Economic Freedom
Amartya Sen and other economists have considered economic freedom in terms of the set of economic choices available to individuals.
Read more about this topic: Economic Freedom
Famous quotes containing the words choice, sets, economic and/or freedom:
“Then did they strive with emulation who should repeat most wise maxims importing the necessity of suspicion in the choice of our friendssuch as mistrust is the mother of security, with many more to the same effect.... But notwithstanding the esteem which they professed for suspicion, yet did they think proper to veil it under the name of caution.”
—Sarah Fielding (17101768)
“Whether changes in the sibling relationship during adolescence create long-term rifts that spill over into adulthood depends upon the ability of brothers and sisters to constantly redefine their connection. Siblings either learn to accept one another as independent individuals with their own sets of values and behaviors or cling to the shadow of the brother and sister they once knew.”
—Jane Mersky Leder (20th century)
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892?)
“In giving freedom to the slave, we assure freedom to the freehonorable alike in what we give and what we preserve. We shall nobly save, or meanly lose, the last, best hope of earth.”
—Abraham Lincoln (18091865)