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:
“Utah is the only State that gives condemned men a choice between death by hanging or before a firing squad. Most prisoners prefer the firing squad, but one obstinate convict in 1912 elected to be hanged because hanging is more expensive to the state.”
—State of Utah, U.S. public relief program (1935-1943)
“Drink, sir, is a great provoker of three things ... nose-painting, sleep, and urine. Lechery, sir, it provokes and unprovokes: it provokes the desire but it takes away the performance. Therefore much drink may be said to be an equivocator with lechery: it makes him and it mars him; it sets him on and it takes him off.”
—William Shakespeare (15641616)
“A society which is clamoring for choice, which is filled with many articulate groups, each urging its own brand of salvation, its own variety of economic philosophy, will give each new generation no peace until all have chosen or gone under, unable to bear the conditions of choice. The stress is in our civilization.”
—Margaret Mead (19011978)
“What we want is not freedom but its appearances. It is for these simulacra that man has always striven. And since freedom, as has been said, is no more than a sensation, what difference is there between being free and believing ourselves free?”
—E.M. Cioran (b. 1911)