Contributions of Amartya K. Sen to Development Economics By Dr. Srinivasulu Bayineni Associate Professor Department of Economics Yogi Vemana University KADAPA – 516003 Andhra Pradesh Mobile: 9705639110 e-mail: bayineni@rediffmail.com “Ours is also a world of extraordinary deprivation and of astonishing inequality. Millions perish every week from diseases that can be completely eliminated‚ or at least prevented from killing people with abandon”. --- Amartya Sen Background
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| Amartya Sen | Indian Economist‚ Nobel Laurete‚ Bharat Ratna | | | Introduction It was a coincidence‚ when my professor asked to write about the well-known economist of our times. Within few minutes‚ I responded back that I would like to write about my all-time favorite economist Amartya Sen. I was always fascinated about his contributions to the world of economics. Amartya Sen is currently teaching at Lamont University Professor‚ and has been Professor of Economics and Philosophy
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freedom is what development is about then it makes sense to concentrate on that rather than on some of the means or instruments of achieving it. This approach contrasts with others such as identifying development with the growth of GNP‚ rise in personal incomes‚ or with industrialisation‚ technological advance‚ or social modernisation. These are all important but are means and not ends. Freedoms depend also on other determinants e.g. social and economic arrangements (e.g. education and health facilities)
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Value‚ Amartya Sen asserts that democracy is a universal value. In order to develop his argument Sen needs to state his definition of democracy and define what he means by universal value. In the course of Sen’s argument he gives his view of the relationship between democracy and the economy. He then defends his view of democracy as a universal value against a main argument that deals with cultural differences between regions. Amartya Sen uses a maximum definition of democracy. Sen believes
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English 1010 L-25 Does Legalizing Marijuana Really Make Sense? Should marijuana be sold freely and made available to everyone? To me it makes somewhat sense. There are several beneficial effects as well as there are some very not as much. The debate over the legalization is very heated here in the United States. Marijuana is legal in some states for medical purposes only and others have not quite been convinced of the cannabis. Our newly re-elected president‚ Barack Obama‚ says he is
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Did slavery make sense economically? Slavery has always been a controversial issue within the United States. Whether one considers its involvement with the Civil War or its obvious racial subjugation‚ slavery is thought to have been one of the most debilitating elements of American history. Slave labor‚ which profoundly embedded itself within both Southern and Northern societies‚ provided a method of economy for those who relied heavily on agriculture‚ while others were more concerned with industrialization
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long as such evolution is limited to closely related species‚ an example would be lions and tigers. In this instance‚ the processes behind microevolution and macroevolution are the same and extending microevolution to explain macroevolution makes perfect sense. In microevolutionary a good example is House
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Inequality‚ Instability and Voice Author: Amartya Sen The essay ‘Inequality‚ Instability and Voice’ is one of the articles written by Amartya Sen. It figures in the book ‘The Argumentative Indian’ which is a collection of writings on Indian history‚ culture and identity by the Economics Nobel prize winner. In the essay‚ Sen touches upon three issues. They are: • Inequality in the Indian society and the quest for equality; • Unity and diversity in India; and • Need for greater commitment
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Sen No Rikyu The most influential Japanese tea master in Japan’s history is considered to be Sen No Rikyu. He made the tea ceremony Chanoyu (Way of tea) into an art form. Sen no Rikyu was born in 1522 to the name of Yoshiro in the merchant city of Sakai. Rikyu was born to a prominent family‚ his father‚ Yohei‚ was a city council member (The Japanese Way‚ 1998) as well as an accomplished merchant. (Above) Sen No Rikyu Developing of Wabi-Cha Wabi-Cha is a Japanese discipline of drinking tea
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2011 Common Sense Economics Common Sense Economics is packed with valuable information‚ and approaches presenting this information in a way that is less dry than a conventional textbook. Although there is a lot to learn in this book‚ I feel like I have already been introduced to 90% of the content in class‚ this book is simply a supplement and review. The book is broken down into 4 sections: Ten key elements of economics‚ Seven major sources of economic progress‚ Economic progress and the
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