Amartya Sen

Economics Indian 1933 370 quotes

Nobel laureate, capabilities approach to development

Quotes by Amartya Sen

The meaning of life is not a fixed destination, but a journey of discovery and growth.

Our existence is a precious gift, and we have a responsibility to make the most of it.

Poverty is not just a lack of income, but a deprivation of capabilities.

Development as Freedom

The market mechanism, even when it works well, does not necessarily lead to a just distribution of resources.

On Economic Inequality

Development has to be seen as a process of expanding the real freedoms that people enjoy.

Development as Freedom 1999

The capability approach focuses on what people are actually able to do and to be, rather than on the resources they possess.

Development as Freedom

Gender inequality is not only a moral wrong but also a significant impediment to economic development.

Development as Freedom

The idea of a 'rational fool' who maximizes self-interest without regard for others is a deeply flawed concept of human behavior.

Rational Fools: A Critique of the Behavioral Foundations of Economic Theory 1977

Democracy is not merely a system of majority rule, but also a system of protection for minorities and open public reasoning.

The Idea of Justice

Human rights are not just Western constructs; they have roots in diverse cultures and traditions.

Development as Freedom

The pursuit of economic growth without attention to distribution and equity can lead to social instability.

On Economic Inequality

The concept of 'human capital' is too narrow; we should focus on 'human capabilities' instead.

Development as Freedom

There is no unique perfect social arrangement that can be identified through pure reason.

The Idea of Justice 2009

The 'Asian values' argument against democracy is often used to justify authoritarian rule.

Democracy and Its Global Roots

The role of public discussion and open debate is crucial for the formation of informed social choices.

Collective Choice and Social Welfare

The 'invisible hand' of the market is not always benevolent; it can lead to significant injustices.

On Ethics and Economics

Education is not just a means to an end, but an end in itself, expanding human freedom.

Development as Freedom

The concept of 'efficiency' in economics often overlooks important ethical considerations.

On Ethics and Economics

The absence of famine in a democracy is not a coincidence, but a consequence of its political structure.

Development as Freedom 1999

The 'rational choice' model in economics often fails to account for the role of commitments and values.

Rational Fools: A Critique of the Behavioral Foundations of Economic Theory 1977