How trade loss freedom and livelihood
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conomic freedom is the condition in
which individuals can act with maximum
autonomy and minimum obstruction in
the pursuit of their economic livelihood and
greater prosperity. Any discussion of economic
freedom has at its heart reflection on the criti-
cal relationship between individuals and the
government.
As Friedrich Hayek once observed, “To be
controlled in our economic pursuits means
to be controlled in everything.”2
Hayek’s keen
insights on economic freedom are based on the
moral truth that each person is, as a matter of
natural right, a free and responsible being with
inalienable dignity and fundamental liberties
that righteous and effective political systems
should regard as unassailable.
conomic freedom is the condition in
which individuals can act with maximum
autonomy and minimum obstruction in
the pursuit of their economic livelihood and
greater prosperity. Any discussion of economic
freedom has at its heart reflection on the criti-
cal relationship between individuals and the
government.
As Friedrich Hayek once observed, “To be
controlled in our economic pursuits means
to be controlled in everything.”2
Hayek’s keen
insights on economic freedom are based on the
moral truth that each person is, as a matter of
natural right, a free and responsible being with
inalienable dignity and fundamental liberties
that righteous and effective political systems
should regard as unassailable.
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