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:
“People are capable of doing an awful lot when they have no choice and I had no choice. Courage is when you have choices.”
—Terry Anderson, U.S. hostage. International Herald Tribune (Paris, May 6, 1992)
“There be some sports are painful, and their labor
Delight in them sets off. Some kinds of baseness
Are nobly undergone, and most poor matters
Point to rich ends.”
—William Shakespeare (15641616)
“If in the earlier part of the century, middle-class children suffered from overattentive mothers, from being mothers only accomplishment, todays children may suffer from an underestimation of their needs. Our idea of what a child needs in each case reflects what parents need. The childs needs are thus a cultural football in an economic and marital game.”
—Arlie Hochschild (20th century)
“It is a strange fact that freedom and equality, the two basic ideas of democracy, are to some extent contradictory. Logically considered, freedom and equality are mutually exclusive, just as society and the individual are mutually exclusive.”
—Thomas Mann (18751955)