Economic Freedom Quotes

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  • Liberalism is a force truly of the spirit proceeding from the deep realization that economic freedom cannot be sacrificed if political freedom is to be preserved.

    United States. President (1929-1933 : Hoover), Herbert Hoover (1974). “Herbert Hoover: Containing the Public Messages, Speeches, and Statements of the President”
  • The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

    Want   Way   Economic  
    Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.17, Ludwig von Mises Institute
  • The case for trade is not just monetary, but moral. Economic freedom creates habits of liberty. And habits of liberty create expectations of democracy.

    George Walker Bush, John W. Dietrich (2005). “The George W. Bush Foreign Policy Reader: Presidential Speeches and Commentary”, p.29, M.E. Sharpe
  • The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties

    Fernand Braudel (1982). “Civilization and Capitalism, 15th-18th Century: The wheels of commerce”, p.446, Univ of California Press
  • Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

    "This Week" with Llew Gardner, www.margaretthatcher.org. February 5, 1976.
  • The free market exists to promote prosperity and human life, and that is what it has accomplished, splendidly, with breathtaking brilliance. In the industrialized world, the average person today enjoys a standard of living superior to that of kings and emperors of the past. The whole world's population is capable of enjoying the same marvelous results, if it adopts economic freedom.

    Kings   Past   Average  
  • But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.

    Law   Government   Giving  
    Frederic Bastiat (2006). “The Law”, p.18, Filiquarian Publishing, LLC.
  • Freedom is the by-product of economic surplus.

    David A. Reisman, Aneurin Bevan (1996). “In Place of Fear”, Pickering & Chatto Publishers
  • True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made.

    Jobs   Freedom   People  
    Franklin D. Roosevelt (1995). “The Essential Franklin Delano Roosevelt”, Gramercy
  • There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.

  • What is the use of freedom of the press if the government is in possession of all the printing presses, what does freedom of assembly avail if all the meeting places belong to the government? In a society in which there is no more personal and economic freedom, even the freest form of the state cannot make political independence possible.

  • Conservatives tend to believe there is a close and necessary connection between prosperity and freedom - that economic freedom is an essential part of human freedom.

  • The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.

  • Khadi to me is the symbol of unity of Indian humanity, of its economic freedom and equality and, therefore, ultimately, in the poetic expression of Jawaharlal Nehru, 'the livery of India's freedom'.

    Mahatma Gandhi (1959). “India of My Dreams”, p.103, Rajpal & Sons
  • Achievement must be made against the possibility of failure, against the risk of defeat. It is no achievement to walk a tightrope laid flat on the floor. Where there is no risk, there can be no pride in achievement and, consequently, no happiness. The only way we can advance is by going forward, individually and collectively, in the spirit of the pioneer. We must take the risks involved in our free enterprise system. This is the only way in the world to economic freedom. There is no other way.

    Ray Kroc (2016). “Grinding It Out: The Making of McDonald's”, p.161, St. Martin's Griffin
  • Coupled with Usury, Unrestricted Competition destroys the small man for the profit of the great and in so doing produces that mass of economically unfree citizens whose very political freedom comes in question because it has no foundation in any economic freedom, that is, any useful proportion of property to support it. Political freedom without economic freedom is almost worthless, and it is because the modern proletariat has the one kind of freedom without the other that its rebellion is now threatening the very structure of the modern world.

    Wisdom   Men   Support  
  • Everyone has an equal and absolute right to sovereignty over his own body, his own property, and his own life, and to pursue his own happiness in any way that he chooses. No one has the authority to grant rights to anyone else, because human beings already possess all natural rights at birth. These rights include both personal and economic freedoms, and the only way they can be lost is if someone takes them away by force. The only right that an individual does not naturally possess is the right to violate someone else's liberty.

    Rights   Liberty   Doe  
  • The Reagan years showed us that expanding economic freedom should be the North Star - the guiding light - of U.S. policy, because it is the best way to achieve sustained and broad-based prosperity for all.

  • The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.

    Leader   Way   World  
  • Free men are not equal and equal men are not free.

  • At the heart of the WTO is an assault on everything left standing in the commons, in the public realm. Everything is now for sale. Even those areas of life that we once considered sacred like health and education, food and water and air and seeds and genes and a heritage. It is all now for sale. Economic freedom - not democracy, and not ecological stewardship - is the defining metaphor of the WTO and its central goal is humanity's mastery of the natural world through its total commodification.

    Heart   Air   Water  
  • There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.

    Peter Drucker (2017). “The End of Economic Man: The Origins of Totalitarianism”, p.36, Routledge
  • As political and economic freedom diminishes, sexual freedom tends to compensatingly increase and the dictator... will do well to encourage that freedom in conjunction with the freedom to daydream under the influence of dope, movies, and radio. It will help to reconcile his subjects to the servitude which is their fate.

    Fate   Dope   Political  
  • Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

    Mean   Men   Law  
    John Maynard Keynes (2016). “The Economic Consequences of the Peace: The Economist”, p.124, 北戴河出版
  • Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.

    Men   Law   Liberty  
    Frederic Bastiat (2006). “The Law”, p.6, Cosimo, Inc.
  • Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other

    Milton Friedman (2009). “Capitalism and Freedom: Fortieth Anniversary Edition”, p.9, University of Chicago Press
  • You can have economic freedom without political freedom, but you cannot have political freedom without economic freedom.

    "New Vogue for Critic of Keynes" by John M. Geddes, The New York Times, May 7, 1979.
  • A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities.

    Wise   Wisdom   Men  
    Thomas Jefferson (2011). “Jefferson on Freedom: Wisdom, Advice, and Hints on Freedom, Democracy, and the American Way”, p.65, Skyhorse Publishing, Inc.
  • The United States presents a value system to the world that is based on democracy, based on economic freedom, based on individual rights for men and women, .. I think that is what makes us such a draw for nations around the world. People come to the United States to be educated, to become Americans. We are a country of countries and we touch every country, and every country in world touches us.

    Country   Men   Thinking  
    "Powell participates in MTV global forum" by Andrea Koppel and Elise Labott, www.cnn.com. February 15, 2002.
  • Gorbachev gave us freedom of worship and freedom of speech and freedom to see what was going on and freedom to vote, but that freedom won't last unless it is underpinned by economic freedom.

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