Contributions Human development theory
Awards Nobel Memorial Prize in Economic Sciences (1998)
Bharat Ratna (1999)
National Humanities Medal(2012)
Besides being a bright and humble economist, Amartya Sen is an Indian economist and philosopher. He was highly involved in welfare economics, social choice theory, economic and social justice, economic theories of famines and indexes of the measure of well-being of citizens of developing countries.
Combining his double skills of economist and philosopher, he tried to rethink inequality and seeks to build a new definition of equality. Thus, Sen reviews the different areas of equality: freedom, income, welfare using the concept of “capability”.
He has pioneered the use of economic tools to highlight inequality, and he helped the United Nations devise its Human Development Index — today the most widely used measure of how well nations meet basic social needs. Mr. Sen has changed the way economists think about such issues as collective decision-making, welfare economics and measuring poverty.
He was awarded the Nobel Memorial Prize in Economic Sciences for his work in welfare economics.
More than anything, though, Mr. Sen is known for his work on famine. Mr. Sen is famous for his assertion that famines do not occur in democracies. “No famine has ever taken place in the history of the world in a functioning democracy,”
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– – – > Also see http://en.wikipedia.org/wiki/ and references there
This profile was complied by Ms. Nadine Richet (Lebanon/France) and briefly presented to the group as part of the Notable Figures series: outstanding individuals who through their contributions and character have and are shaping our understanding of principal issues and ideas underlying the challenges of sustainable development, economy and democracy.
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