Economic Freedom - Choice Sets and Economic Freedom

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.

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Famous quotes containing the words choice, sets, economic and/or freedom:

    Come and take choice of all my library,
    And so beguile thy sorrow.
    William Shakespeare (1564–1616)

    Wilson adventured for the whole of the human race. Not as a servant, but as a champion. So pure was this motive, so unflecked with anything that his worst enemies could find, except the mildest and most excusable, a personal vanity, practically the minimum to be human, that in a sense his adventure is that of humanity itself. In Wilson, the whole of mankind breaks camp, sets out from home and wrestles with the universe and its gods.
    William Bolitho (1890–1930)

    It does not follow, because our difficulties are stupendous, because there are some souls timorous enough to doubt the validity and effectiveness of our ideals and our system, that we must turn to a state controlled or state directed social or economic system in order to cure our troubles.
    Herbert Hoover (1874–1964)

    We grant no dukedoms to the few,
    We hold like rights and shall;—
    Equal on Sunday in the pew,
    On Monday in the mall.
    For what avail the plough or sail,
    Or land or life, if freedom fail?
    Ralph Waldo Emerson (1803–1882)