By Kaushik Basu, Ravi Kanbur
Amartya Sen has made deep and lasting contributions to the educational disciplines of economics, philosophy, and the social sciences extra widely. He has engaged in coverage discussion and public debate, advancing the reason for a human improvement concentrated coverage schedule, and a tolerant and democratic polity. This argumentative Indian has made the case for the poorest of the terrible, and for plurality in cultural standpoint. it's not marvelous that he has received the top awards, starting from the Nobel Prize in Economics to the Bharat Ratna, India's optimum civilian honor. This public popularity has long past hand in hand with the love and admiration that Amartya's pals and scholars carry for him.
This quantity of essays, written in honor of his seventy fifth birthday through his scholars and friends, covers the variety of contributions that Sen has made to wisdom. they're written by means of a number of the world's top economists, philosophers and social scientists, and handle themes reminiscent of ethics, welfare economics, poverty, gender, human improvement, society and politics. the second one quantity covers the subjects of Human improvement and features; Gender and loved ones; development, Poverty and coverage; and Society, Politics and historical past. it's a becoming tribute to Sen's personal contributions to the discourse on Society, associations and Development.
Contributors contain: Bina Agarwal, Isher Ahluwalia, Montek S Ahluwalia, Ingela Alger, Muhammad Asali, Amiya Kumar Bagchi, Pranab Bardhan, Lourdes Benería, Sugata Bose, Lincoln C. Chen, Martha modify Chen, Kanchan Chopra, Simon Dietz, Sakiko Fukuda-Parr, Jonathan Glover, Cameron Hepburn, Jane Humphries, Rizwanul Islam, Ayesha Jalal, Mary Kaldor, Sunil Khilnani, Stephan Klasen, Jocelyn Kynch, Enrica Chiappero Martinetti, Kirsty McNay, Martha C. Nussbaum, Elinor Ostrom, Gustav Ranis, Sanjay G. Reddy, Emma Samman, Rehman Sobhan, Robert M. Solow, Nicholas Stern, Frances Stewart, Ashutosh Varshney, Sujata Visaria, and Jörgen W. Weibull.
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Extra resources for Arguments for a Better World: Essays in Honor of Amartya Sen: Volume II: Society, Institutions, and Development
In both instances, a simple two-stage sampling design is assumed, whereas in fact all of the surveys we have examined involve a more complicated survey design. As a result, the standard errors we calculate cannot be viewed as more than indicative. We report and refer only to the bootstrapped standard errors, since the standard errors calculated through the two approaches were generally very close. 2. 42 was assigned the annual per capita expenditure of that household. We then calculated the headcount ratio: the proportion of persons in the population whose per capita expenditure was below the poverty line.
All inegalitarian social systems require a coercive state apparatus. But since capitalism is based on atomistic competition driven by the proﬁt motive, it also pits state against state and provokes wars as a means of competition. Sen’s “The Proﬁt Motive” (Sen 1983) is devoted to the examination of the ethics and consequences of the uninhibited pursuit of the proﬁt motive. Adam Smith’s example of the baker, the butcher, etc. providing us with our daily bread and meat not because of their benevolence but because of their self-interest is quoted ad nauseam by devotees of the unregulated market to prove that markets driven by the proﬁt motive always produce the best of all possible worlds.
On the other hand, for Vietnam in 1993, the use of the capability-based poverty line gives rise to much higher poverty estimates than the $1 a day poverty line, although they are below the $2 a day estimates. This is true for Vietnam in 1998 as well. The presence of data for two diﬀerent years for Vietnam also allows one to see if the choice of poverty line aﬀects the rate of poverty reduction. 2 per cent in 1998, a reduction of 61 per cent. According to the $2 a day poverty line, the reduction was 34 per cent.
Arguments for a Better World: Essays in Honor of Amartya Sen: Volume II: Society, Institutions, and Development by Kaushik Basu, Ravi Kanbur