Skip to main content
Monthly Archives

November 2018

Amartya Sen and her contribution to the welfare economy

By Welfare economics No Comments

Amartya Sen, economist and philosopher, whose contribution to the welfare economy is globally recognized and appreciated.

Amartya Sen is recognized for his contribution to the welfare economy

Amartya Sen is an Indian economist and philosopher. He has worked in India, UK and USA.

He was born on November 3, 1933 to a Bengali family in Santiniketan, West Bengal. He is the second Indian after Rabindranath Tagore to receive a Nobel Prize.

Here’s what you need to know about him:

Childhood and studies

  • Amartya Sen was the son of Professor Ashutosh Sen and Amita Sen
  • Sen started his studies at St Gregory School in Dhaka, then moved to Santiniketan Viswa-Bharati
  • In 1951 he obtained his first class graduate degree in BA Economics from the Presidency College in Kolkata
  • In the same year, he attended Trinity College, Cambridge and obtained the BA degree in Pure Economics.
  • He was appointed professor and head of department at Jadavpur University in Kolkata
  • After working for some time at the University of Jadavpur, he returned to Cambridge to pursue his doctorate.
  • He was a professor at the Delhi School of Economics and professor of economics at the London School of Economics between 1961 and 1972.

Career

  • Sen’s first book “Collective Choice and Social Welfare” was launched around 1970. This book has been considered one of the most influential monographs dealing with the issue of primary welfare, justice, equality and individual rights.
  • Around 1973, his second book ‘On Economic Inequality’ published on the theories of economics in relation to the study of economic inequalities
  • After that he published numerous publications on the theories of economics

Major works and awards and achievements

  • His publication “Development as freedom” won recognition from the Nobel Prize committee
  • In 1992 he published his book “Inequality Re-examined” which covered all the important themes of his work.
  • He won the Adam Smith Prize in 1954
  • In 1998 he was awarded the Commemorative Nobel Prize in Economics for his contribution to the “welfare economy”
  • He also won the Bharat Ratna Prize IN 1999, the highest civilian honor in India and the National Humanities Medal in 2011

Read also : Different certification marks in India and their meaning

Interested in general culture and current affairs? Click here to stay informed and find out what’s going on in the world with our GK and News section.

For more current affairs updates, email your query to education.intoday@gmail.com

Click here for IndiaToday.in’s full coverage of the coronavirus pandemic.

Source link