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.

Read more about this topic:  Economic Freedom

Famous quotes containing the words choice, sets, economic and/or freedom:

    We must hold a man amenable to reason for the choice of his daily craft or profession. It is not an excuse any longer for his deeds that they are the custom of his trade. What business has he with an evil trade?
    Ralph Waldo Emerson (1803–1882)

    It is mediocrity which makes laws and sets mantraps and spring-guns in the realm of free song, saying thus far shalt thou go and no further.
    James Russell Lowell (1819–91)

    We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.
    Lyndon Baines Johnson (1908–1973)

    Until you’ve lost your reputation, you never realize what a burden it was or what freedom really is.
    Margaret Mitchell (1900–1949)