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Given what can be achieved through intelligent and humane intervention — Amartya Sen

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"Given what can be achieved through intelligent and humane intervention, it is amazing how inactive and smug most societies are about the prevalence of the unshared burden of disability."
Amartya Sen
Amartya Sen
Amartya Sen
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Amartya Kumar Sen is an Indian economist and philosopher. Sen has taught and worked in England and the United States since 1972. In 1998, he received the Nobel Prize in Economic Sciences for his contributions to welfare economics. He has also made major contributions to social choice theory, economic and social justice, economic theories of famines, decision theory, development economics, public h

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"That austerity is a counterproductive economic policy in a situation of economic recession can be seen, rightly, as a “Keynesian critique.” Keynes did argue—and persuasively—that to cut public expenditure when an economy has unused productive capacity as well as unemployment owing to a deficiency of effective demand would tend to have the effect of slowing down the economy further and increasing—rather than decreasing—unemployment. Keynes certainly deserves much credit for making that rather basic point clear even to policymakers, irrespective of their politics, and he also provided what I would call a sketch of a theory of explaining how all this can be nicely captured within a general understanding of economic interdependences between different activities... I am certainly supportive of this Keynesian argument, and also of Paul Krugman’s efforts in cogently developing and propagating this important perspective, and in questioning the policy of massive austerity in Europe. But I would also argue that the unsuitability of the policy of austerity is only partly due to Keynesian reasons. Where we have to go well beyond Keynes is in asking what public expenditure is for—other than for just strengthening effective demand, no matter what its content. As it happens, European resistance to savage cuts in public services and to indiscriminate austerity is not based only, or primarily, on Keynesian reasoning. The resistance is based also on a constructive point about the importance of public services—a perspective that is of great economic as well as political interest in Europe."
Amartya SenAmartya Sen
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"The approach presented in my book The Idea of Justice shares the general Enlightenment interest in relying on reasoning in general and public reasoning in particular, and in this respect there is something very substantially in common between the two alternative disciplines of reasoning that emerged from the intellectual climate of the Enlightenment period, that is, between the Hobbesian and Kantian reasoning (with its successors today, such as the Rawlsian social contract approach) and the reasoning of Smith and Condorcet (with its successors today, such as normative social choice theory)."
Amartya SenAmartya Sen