"There can be no liberty unless there is economic liberty"
- Margaret Thatcher
About this Quote
This quote by Margaret Thatcher highlights the significance of economic liberty in order to achieve real liberty. She is suggesting that without economic liberty, it is impossible to have real flexibility. Economic freedom is the capacity to make economic choices without government disturbance. This includes the right to have property, the right to become part of contracts, as well as the right to participate in open market. Without economic liberty, people are unable to make decisions concerning their very own economic future, as well as are instead based on the impulses of the government. As a result, financial freedom is necessary for real liberty to exist. Margaret Thatcher's quote serves as a suggestion of the value of financial freedom in order for people to have the flexibility to seek their own financial objectives.
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