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:
“I am a good horse to travel, but not from choice a roadster. The landscape-painter uses the figures of men to mark a road. He would not make that use of my figure.”
—Henry David Thoreau (1817–1862)
“A continual feast of commendation is only to be obtained by merit or by wealth: many are therefore obliged to content themselves with single morsels, and recompense the infrequency of their enjoyment by excess and riot, whenever fortune sets the banquet before them.”
—Samuel Johnson (1709–1784)
“When you overpay small people you frighten them. They know that their merits or activities entitle them to no such sums as they are receiving. As a result their boss soars out of economic into magic significance. He becomes a source of blessings rather than wages. Criticism is sacrilege, doubt is heresy.”
—Ben Hecht (1893–1964)
“No matter what a man does, he is not fully sane or human unless there is a spirit of freedom in him, a soul unconfined by purpose and larger than the practicable world.”
—Charles Horton Cooley (1864–1929)