Portal:Economic Freedom

Economic Freedom

If you had to choose between one and the other - between political freedom and economic freedom, having one and not the other - which would you choose? With only a little thought, you would likely choose economic freedom since it rules more of our lives, provides our living, and provides the widest range of personal choice in our daily life. This is partly a trick question. One cannot choose to have political freedom and forego economic freedom. Many people see political freedom and economic freedom as unrelated - believing that individual freedom is a political problem and material welfare an economic problem. And that therefore, being unconnected, any economic arrangement can be coupled with any political arrangement. From a practical standpoint freedom of economic transaction and arrangement is part of, and fundamental to individual freedom. How can one be politically free and not be economically free? What value would there be in a political freedom which did not also allow us to make our own decisions about what products we buy or sell, what job we wish to perform and what employer we wish to work for? Economic freedom is essential to political freedom - political freedom cannot be said to exist if it does not also grant freedom of economic decision and activity. At least we cannot point to an example in history of political freedom in the absence of economic freedom in a like amount. Nor can we reconcile how it would work in theory. There are examples in history of societies that voted away their economic freedom or parts of it and then discovered that there is also a price in a like amount of political freedom. Article topics for this category Topics (sub-categories) and articles in this category can discuss a range of topics that relate to economic freedom. These include (but not necessarily limited to): the relationship between Economic Freedom and Political Freedom Capitalism vs. Socialism The Role of Government and Fiscal Policy in a Free Economy and Wealth and Poverty which has its own homepage: Category:Wealth and Poverty The topic of income distribution and inequality are part of the wealth and poverty discussion.

Contents Click on arrows to see subcategories and articles. The "Wealth and Poverty" sub-category listed below is also a link to an introduction to this important sub-category. Article titles are in italics. ▼ Economic Freedom ► Capitalism vs. Socialism ► The Role of Government and Fiscal Policy in a Free Economy ► Wealth and Poverty   Economic Freedom and Political Freedom   The 2nd Bill of Rights Things you can do Here are some things you can do: Recommend a good image to add to the introduction. Create a good subcategory. Write an article that fits this category or your new subcategory.

Featured Article Economic Freedom and Political Freedom Is it possible that economic freedom and political freedom can exist in isolation from one another in the sense that any political arrangement can be coupled with any economic system? It is believed so by some. Many believe that the two are independent. However, economic freedom, while capable of existing without the other is essential to political freedom.(Full article...) Articles Economic Freedom and Political Freedom The 2nd Bill of Rights