7/6/2023 0 Comments Amartya sen famine and poverty![]() Sen also developed an approach to measuring poverty. ![]() ![]() In Collective Choice and Social Welfare (1970), Sen addressed issues such as individual rights, equality, justice and majority rule. ![]() During the 1960s and 1970s, Sen also worked extensively on social choice theory, especially Kenneth Arrow’s impossibility theorem, which drew attention to the flaws inherent within ranked voting systems. Among Sen’s primary concerns was the fact that despite technological innovation and a subsequent increase in labour productivity, workers were expected to endure no improvement in their standard of living. Upon hearing the news, the late renowned Marxist historian Eric Hobsbawm, a long-time friend of Sen, remarked, ‘It was only political reasons which prevented him getting it earlier … Ever since the mid-70s the Swedish committee has been strongly committed to free-market theory, until it took a real punch in the midriff in 97/98 with the Asian crisis.’Ĭhoice of Techniques, published in 1960, saw Sen focus on a number of economic issues in relation to rates of accumulation. In 1988, Sen was awarded a Nobel Memorial Prize in Economic Sciences. ![]() Amartya Kumar Sen is an economist and philosopher who has made a distinctive contribution to the study of political economy, inequality, poverty, famines, and welfare. ![]()
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