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Choice, Welfare, and Measurement [Hardcover]

Amartya K. Sen (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

0262192144 978-0262192149 October 21, 1982 1st MIT Press ed
In the course of his distinguished career, Amartya K. Sen has scrutinized the foundations of economic theory and analysis. He has brought into sharper focus such concepts as choice, preference, rationality, aggregation, evaluation, and measurement, and applied these concepts to the economic issues underlying universal social concerns, among them inequality, unemployment, poverty, human welfare, liberty, rights, justice. The twenty essays in this book encompass both these aspects of Sen's economic endeavors.

Kenneth Arrow has written that "Sen's mastery in the fields of social choice, the foundations of welfare economics, and, more broadly, distributive ethics and the measurement problems associated with these fields is unquestioned. The selection of articles fully reflects his work in this area ... a number of the papers are already classics."

The author has provided a substantial introduction to the book that interrelates his diverse concerns and analyzes the wide-ranging discussions that were generated by the original papers, while stressing the central concepts and underlying issues.

His writings are distributed among five topical sections: Choice and Preference, Preference Aggregation, Welfare Comparisons and Social Choice, Non-utility Information, and Social Measurement. The contributions have been collected from many journals in the fields of economics and public affairs and from books that were published between 1966 and 1980.

Amartya K. Sen is Drummond Professor of Political Economy at Oxford, and Fellow of All Souls College.

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Editorial Reviews

Review

Amartya Sen, [the 1998] Nobel Prizewinner in Economics, has helped give voice to the world's poor. And that is no small matter, for the very lives of the world's poor may depend on having their voices heard. In a lifetime of careful scholarship, Sen has repeatedly returned to a basic theme: even impoverished societies can improve the well-being of their least advantaged members. Societies that attend to the poorest of the poor can save their lives, promote their longevity and increase their opportunities through education and productive work. Societies that neglect the poor, on the other hand, may inadvertently allow millions to die of famine--even in the middle of an economic boom, as occurred during the great famine in Bengal, India, in 1943, the subject of Sen's most famous case study...Sen [delivers a] powerful message: annual income growth is not enough to achieve development. Societies must pay attention to social goals as well, always leaning toward their most vulnerable citizens, and overcoming deep-rooted biases to invest in the health and well-being of girls as well as boys. In a world in which 1.5 billion people subsist on less than $1 a day, this Nobel Prize can be not just a celebration of a wonderful scholar but also a clarion call to attend to the urgent needs and hopes of the world's poor.
--Jeffrey Sachs (Time )

Many of these papers are classics that one consults again and again. But [the collection] is more than a convenience: one gains something from reading these essays together.
--Robert Sugden (Times Higher Education Supplement )

Sen's mastery in the fields of social choice, the foundation of welfare economics, and, more broadly, distributive ethics and the measurement problems associated with these fields is unquestioned. This selection of articles fully reflects his work in these areas...A number of papers are classics.
--Kenneth J. Acrow --This text refers to the Paperback edition.

About the Author

, winner of the 1998 Nobel Prize in Economics, is Lamont University Professor, Harvard University. --This text refers to the Paperback edition.

Product Details

  • Hardcover: 440 pages
  • Publisher: The MIT Press; 1st MIT Press ed edition (October 21, 1982)
  • Language: English
  • ISBN-10: 0262192144
  • ISBN-13: 978-0262192149
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,055,433 in Books (See Top 100 in Books)

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5.0 out of 5 stars Fantastic, October 9, 2009
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Fantastic and a classic book.
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