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The capability approach (also referred to as the capabilities approach) is a normative approach to human welfare that concentrates on the actual capability of persons to achieve lives they value rather than solely having a right or freedom to do so. [1] It was conceived in the 1980s as an alternative approach to welfare economics. [2]
A 56-minute documentary named Amartya Sen: A Life Re-examined directed by Suman Ghosh details his life and work. [62] [63] A documentary about Amartya Sen, titled The Argumentative Indian (the title of one of Sen's own books [64]), was released in 2017. [65] A 2001 portrait of Sen by Annabel Cullen is in Trinity College's collection. [66]
The index is published by the nonprofit Social Progress Imperative, and is based on the writings of Amartya Sen, Douglass North, and Joseph Stiglitz. [1] The SPI measures the well-being of a society by observing social and environmental outcomes directly rather than the economic factors.
Amartya Sen was the winner of the 1998 Nobel Prize in Economics. [1] Development as Freedom was published one year later and argues that development entails a set of linked freedoms: political freedoms and transparency in relations between people; freedom of opportunity, including freedom to access credit; and
The index is based on the human development approach, developed by Mahbub ul-Haq, anchored in Amartya Sen's work on human capabilities, and often framed in terms of whether people are able to "be" and "do" desirable things in life. Examples include — being: well-fed, sheltered, and healthy; doing: work, education, voting, participating in ...
Inequality Reexamined is a 1992 book by the economist Amartya Sen. In the book Sen evaluates the different perspectives of the general notion of inequality, focusing mainly on his well-known capability approach. The author argues that inequality is a central notion to every social theory that has stood on time. For only if this basic feature is ...
Martha Nussbaum and Amartya Sen are considered to be the main scholars of this approach, but have distinctions in their approach to capabilities. Sen disagrees with Nussbaum's list of values on the grounds that it does not fully encompass the range of capabilities one would consider to live a fulfilling life, which inherently differs by person. [2]
Amartya Sen argues that even if interpersonal comparisons of utility are imperfect, we can still say that (despite being positive for Nero) the Great Fire of Rome had a negative overall value. Harsanyi and Sen thus argue that at least partial comparability of utility is possible, and social choice theory should proceed under that assumption.