“Can the values which individual members of society attach to different alternatives be aggregated into values for society as a whole, in a way that is both fair and theoretically sound? Is the majority principle a workable rule for making decisions? How should income inequality be measured? When and how can we compare the distribution of welfare in different societies?” So reads the 1998 Nobel citation by the Swedish Academy, acknowledging Amartya Sen’s important contributions in welfare economics and particularly his work in Collective Choice and Social Welfare.Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the “impossibility theorems” in social choice theory―led by the pioneering work of Kenneth Arrow―do not negate the possibility of reasoned and democratic social choice.Sen’s ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book’s first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. Both the new and original chapters alternate between nonmathematical treatments of Sen’s subjects, accessible to all, and mathematical arguments and proofs. A new introduction gives a far-reaching, up-to-date overview of the subject of social choice.

Collective Choice and Social Welfare (Mathematical Economic Texts)

Politics & Social Sciences

Amartya-Sen

Sociology

Oliver & Boyd

Collective Choice and Social Welfare

Business & Money

Economics

Penguin Group

Argumentative Indian (Marathi)

The Argumentative Indian: Writings on Indian Culture, History and Identity

History

Asia

Penguin

BRAND NEW, Exactly same ISBN as listed, Please double check ISBN carefully before ordering.

Poverty and Famines

Oxford University Press

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development - for both rich and poor - in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers - perhaps even the majority of people - he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

Development as Freedom

Rationality and Freedom

India Development And Participation

JEAN & AMARTYA SEN DREZE

This book focuses on the causes of starvation in general and famines in particular. The traditional analysis of famines is shown to be fundamentally defective, and the author develops an alternative analysis.

Poverty and Famines: An Essay on Entitlement and Deprivation

India's success in reducing endemic deprivation since Independence has been quite limited. Recent diagnoses of this failure of policy have concentrated on the counterproductive role of government regulation, and on the need for economic incentives to accelerate the growth of the economy. This book argues that an assessment of India's failure to eliminate basic deprivations has to go beyond this limited focus, and to take note of the role played in that failure by inadequate public involvement in the provision of basic education, health care, social security, and related fields, Even the fostering of fast and participatory economic growth requires some basic social change, which is not addressed by liberalization and economic incentives. The authors also discuss the historical antecedents of these political and social neglects, including the distortion of policy priorities arising from inequalities of political power. Following on from this, the book considers the scope for public action to address these earlier biases and achieve a transformation of policy priorities. Beginning with an introductory chapter presenting the motivation, focus, and approach of the book, it discusses the respective roles of the market mechanism and government action in economic development and discusses the particular role of public involvement in the fields of health and education. International comparisons of development experiences are brought to bear on the diagnosis of India's successes and failures, and the work discusses the lessons to be learnt from the contrasting development experiences of different states within India, with particular attention to Kerala's outstanding success in social fields. The authors consider the role of public action and political organization in promoting social opportunities. Attention is drawn, in particular, to the part played by widespread illiteracy in suppressing that process and perpetuating social inequalities. The work also looks at the issue of basic education, including a critical assessment of public policy in this field. The issue of gender inequality is discussed, and the role of women's agency in the expansion of social opportunities for both women and men is explored. The work concludes by consolidating the argument and discussing the policy implication of the analyses presented. A statistical appendix presents a comparative picture of India and other developing countries, and also the comparative performance of different states within India. This new work by two internationally renowned economists is an important and relevant argument for promoting human welfare.

India: Economic Development and Social Opportunity

Jean Drèze

Clarendon Press

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