Amartya Sen, 1933- Nobel Prize in Economics, 1998.

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Presentation transcript:

Amartya Sen, Nobel Prize in Economics, 1998

I. Who II. Welfare and developmental economics – General focus on self-interest in economics: what are the presumptions? III. This is his target IV. Experience tells us some things – Bowl of fruit

V. Basic concepts – Sympathy – Commitment VI. Is this relevant to a vision of the self? – Not in terms of purchase of goods usually – What about public versus private goods?

VII. “Social morons” – Ethical v. subjective – Ranking of rankings – Implications of “economic” view of rationality Consequences of committment

VIII. What has Sen accomplished? – Rationality – Multiple self – Universal v. particular? – Not all other-regarding motives are good