Democracy has to be judged not just by the institutions that formally exist but by the extent to which different voices from diverse sections of the people can actually be heard.
Indian economist and philosopher (1933-)
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An economist who made famine and inequality problems you could measure — and for showing how freedom and welfare twist together in ways markets alone miss, he took the Nobel.
Born in Bengal in 1933, Amartya Sen studied economics through the lens of hunger and choice in a country that knew both intimately. His doctoral work led him to England and the U.S. from 1972 onward, where he rebuilt welfare economics around capabilities — what people can actually do and be — rather than income alone. The Nobel came in 1998 for contributions to social choice and welfare theory; India gave him the Bharat Ratna a year later. He taught at Cambridge as master of Trinity College before moving to Harvard, where he holds a university professorship in economics and philosophy. In 2020…
Sourced, dated quotes from Amartya Sen
Democracy has to be judged not just by the institutions that formally exist but by the extent to which different voices from diverse sections of the people can actually be heard.
I agree with Mr Wolf that freedom is centrally important.
People's priorities and actions are influenced by many different affiliations and associations, not just by their religion.
I am not persuaded that Hayek got the substantive connections entirely right.
Our debt to Hayek is very substantial.
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