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:

    Nobody is so constituted as to be able to live everywhere and anywhere; and he who has great duties to perform, which lay claim to all his strength, has, in this respect, a very limited choice. The influence of climate upon the bodily functions ... extends so far, that a blunder in the choice of locality and climate is able not only to alienate a man from his actual duty, but also to withhold it from him altogether, so that he never even comes face to face with it.
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    There be some sports are painful, and their labor
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    Our country has deliberately undertaken a great social and economic experiment, noble in motive and far- reaching in purpose.
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    What I would like to give my daughter is freedom. And this is something that must be given by example, not by exhortation. Freedom is a loose leash, a license to be different from your mother and still be loved. . . . Freedom is . . . not insisting that your daughter share your limitations. Freedom also means letting your daughter reject you when she needs to and come back when she needs to. Freedom is unconditional love.
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