John Stuart Mill Quotes About Economics
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Political Economy, in truth, has never pretended to give advice to mankind with no lights but its own; though people who knew nothing but political economy (and therefore knew it ill) have taken upon themselves to advise, and could only do so by such lights as they had.
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The best state for human nature is that in which, while no one is poor, no one desires to be richer, nor has any reason to fear from thrust back, by the efforts of others to push themselves forward.
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Money is a machine for doing quickly and commodiously what would be done, though less quickly and commodiously, without it.
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It is useful that while mankind are imperfect there should be different opinions, so is it that there should be different experiments of living; that free scope should be given to varieties of character, short of injury to others.
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The only freedom which deserves the name is that of pursuing our own good, in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it.
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Human beings are no longer born to their place in life...but are free to employ their faculties and such favorable chances as offer, to achieve the lot which may appear to them as desirable.
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There should be perfect freedom, legal and social, to do the action and stand the consequences. It would be a great misunderstanding of this doctrine to suppose that it is one of selfish indifference, which pretends that human beings have no business with each other's conduct in life, and that they should not concern themselves about the well-doing or well-being of one another, unless their own interest is involved.
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