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.
About this quote
- What does it mean?
- Economic freedom is described as the ability to choose how to join society.
- In plain terms
- Freedom means choosing your role in society.
- What can you take from it?
- Economic freedom allows personal choice in social integration.
Where it applies
Putting it to work
Questions to consider
- Who gets to choose?
- Is integration always voluntary?
Another view
Not everyone has the resources to exercise this choice equally.
More from Ludwig von Mises
The philosophy called individualism is a philosophy of social cooperation and the progressive intensification of the social nexus.
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