The Standard of Living
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Standard of Living by Amartya K. Sen
Book DescriptionAmartya Sen reconsiders the idea of 'the standard of living'. He rejects the more conventional economic interpretations in terms of 'unity' and of wealth or 'opulence', and suggests an interpretation in terms of the 'capabilities and freedoms' that states of affairs do or do not allow. His argument is conceptual, but it refers to a wide range of examples. In elaborations of it, John Muellbauer explains how parts of it might be applied; Ravi Kanbur discusses the difficulties raised by choice ex ante, under uncertainty, and choice ex post; Keith Hart discusses the ways in which one might think about living standards in societies in which there is a substantial amount of what he calls 'self provisioning' outside the market; and Bernard Williams reflects on some of the moral and political implications of Sen's argument. There is a bibliography of most of the more important works on the subject. The book will be of interest to economists, sociologists, students of development and moral and political philosophers; it will also be of interest to those concerned with public policy.
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Book DetailsISBN: 9780521368407
(216mm x 138mm x 8mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 8-Dec-1988
Country of Publication: United Kingdom
Books By Author Amartya K. Sen
Markets, Money and Capital, Paperback (March 2011)
This book examines John Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.
Idea of Justice, Paperback (July 2010)
Is justice an ideal, for ever beyond our grasp, or something that may actually guide our practical decisions and enhance our lives? This book offers a fresh approach to mainstream theories of justice. It shows how the principles of justice in the modern world must avoid parochialism and address vital questions of global injustice.
Tacit Dimension, Paperback (June 2009)View all books by Amartya K. Sen
Suitable for students and scholars, this title challenges the assumption that skepticism, rather than established belief, lies at the heart of scientific discovery.
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