|
Amartya Kumar Sen (innate November 3, 1933) is an Indian Economist best known for his operate in famine, human development theory, welfare economics, and a underlying mechanisms of poverty. He received a Nobel Prize in Economics for his work around welfare economics in 1998 and the Bharat Ratna in 1999. Around 2003, he was conferred the Lifetime Achievement Award per Indian Chamber of Commerce.
Education and career
Sen was natural within Santiniketan, West Bengal, the University town established per poet Rabindranath Tagore, another Indian Nobel Prize winner. Tagore is said to keep around given Amartya Sen his title. Sen 1st exposed inside India at the school body of Visva-Bharati University, Presidency College, Kolkata and at the Delhi School of Economics before moving to Trinity College, Cambridge, where he earned a BA in 1956 and then a Ph.D. in 1959. He has taught political economy at University of Calcutta, Jadavpur University, Delhi, Oxford, London School of Economics, Harvard and was Master of Trinity College, Cambridge, between 1997 and 2004. Around January 2004 Sen returned to Harvard, where he presently teaches.
Important works
Sen's germinal papers in the late sixties and early seventies helped develop a theory of social choice, which first come to prominence in the function per Western economic expert Kenneth Arrow, who, when working in a fifties at the RAND Corporation, famously proved that all ballot system, become it majority voting or two thirds-majority or status quo, must inevitably conflict some basic democratic norm. Sen's contribution to the literature was to show under what conditions Arrow's Impossibility Theorem would indeed come to pass as well as to extend and enrich the theory of social choice, informed by his interests in history of economic thought and philosophy.
Sen's right-known act is his 1981 volume Poverty & Famines: An Essay in Entitlement & Deprivation, where he demonstrated that famine occurs non from either the want of food, but from either inequalities built into mechanisms for distributing food. Additionally to his crucial function on the stimulates of famines, Sen's operate in the field of development political economy has experienced considerable influence in the formulation of the Person Development Report, published per United Nations Development Programme. This annual publicatiin that ranks countries on the kind of economic & social indicators owes lot to the contributions by Sen among more social selection theorizer around economic measure of poorness & inequality.
Sen's radical contribution to development economic science & social indicators is the conception of 'capability.' Realizing that top-down development might universally trump human rights when long as a definition of terms remains within doubt (occurs as 'correct' something that must become provided or even something that only just can not become taken away?), Sen argues that governments should be measured against a concrete capabilities of their citizens. For example, in the United States citizens have a hypothetical "right" to vote. To Sen, this construct is fairly empty. He would ask whether all a needed conditions come met therefore that a citizen has the capability to vote. These conditions may range from either a super broad, like a availableness of education, to the very specific, like transport to the polls. Only if such barriers come flushed might a citizen truly become said to work away from private guide. These are as much as a person society to produce a names of minimal capabilities secured by that society. For an lesson of the 'capabilities approach' within practice, understand Martha Nussbaum's Women and Human being Development.
He wrote the controversial article in the New York Review of Books entitled More Than 100 Million Women Come Missing, analyzing a mortality impact of unequal rights between a genders in the underdeveloped globe, particularly Asia. More studies, like [http://slate.msn.com/id/2119402/ one by Emily Oster], use argued that this is an overestimation.
Sen was the ground-breaker among late twentieth-century economists in his insistence in request questions of value, yearn flushed from either "serious" economic consideration. He mounted one of a couple of major challenges to a economic model that posited self-interest when the prime motivative factor of human action. When his line of cerebration remains peripheral, no wonder that his act helped to re-prioritize a important sector of economic expert & development workers, possibly the policies of the United Nations.
Personal Life
His number one married woman was Nabaneeta Dev, by having whom he has deuce kids: Antara & Nandana. Their marriage broke higher shortly fallowing it attend London around 1971. His 2nd married woman was Eva Colorni, using whom he lived from either 1973 ahead. She died from either stomach cancer quite suddenly in 1985. It got ii tykes Indrani & Kabir. His present married woman is Emma Rothschild.
Quotes
A absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the below little scenario: "Can you direct me to the railway station?" asks the unknown. "Certainly," says a local, pointing in a paired counsel, towards the post office, "and would you post this letter for me on your way?" "Certainly," says a unknown, resolving to open it to understand whenever it contains anything worth stealing.
When on to sanctions against Burma: they "are more likely to be effective there than almost anywhere else I can imagine" — provided more countries jowithin in.
Reducing corruption inside underdeveloped countries by opening markets would become cause plenty to liberalize, possibly in case there is no more economic advantages materialized.
There are no material famine has ever occurred in any independent & popular united states sustaining the comparatively loose click.
List of main publications
Sen, Amartya, In Economic Inequality, Just released York, Norton, 1973
Sen, Amartya, Poorness & Famines : An Essay in Entitlements & Deprivation, Oxford, Clarendon Click, 1982
Sen, Amartya, Guide, Welfare & Mensuration, Oxford, Basil Blackwell, 1982
Sen, Amartya, Food Economic science & Entitlements, Helsinki, Wider Working Paper Ace, 1986
Sen, Amartya, In Ethics & Political economy, Oxford, Basil Blackwell, 1987
Drèze, Jean & Sen, Amartya, Hunger & Public Action. Oxford: Clarendon Click. 1989.
Sen, Amartya, Supplementary Than 100 Million Women Come Missing. Future York View of Books, 1990.
Sen, Amartya, Inequality Reexamined, Oxford, Oxford University Press, 1992
Nussbaum, Martha, and Sen, Amartya. A Quality of Life. Oxford: Clarendon Click, 1993
Sen, Amartya, Development when Freedom, Oxford, Oxford University Click, 1999
Sen, Amartya, A Argumentative Indian, London: Allen Lane, 2005. [http://books.guardian.co.uk/review/story/0,,1523498,00.html review] [http://www.washingtonpost.com/wp-dyn/content/article/2005/10/13/AR2005101301576.html another review]
[http://scholar.google.com/scholar?q=amartya+sen&ie=UTF-8&oe=UTF-8&hl=en&btnG=Search See Google Scholar for more]
|