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:

    I think there is choice possible at any moment to us, as long as we live. But there is no sacrifice. There is a choice, and the rest falls away. Second choice does not exist. Beware of those who talk about sacrifice.
    Muriel Rukeyser (1913–1980)

    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 (1564–1616)

    The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.
    John Kenneth Galbraith (b. 1908)

    The English people believes itself to be free; it is gravely mistaken; it is free only during election of members of parliament; as soon as the members are elected, the people is enslaved; it is nothing. In the brief moment of its freedom, the English people makes such a use of that freedom that it deserves to lose it.
    Jean-Jacques Rousseau (1712–1778)