By Kaushik Basu, Ravi Kanbur
Amartya Sen has made deep and lasting contributions to the educational disciplines of economics, philosophy, and the social sciences extra greatly. He has engaged in coverage discussion and public debate, advancing the reason for a human improvement concentrated coverage time table, and a tolerant and democratic polity. This argumentative Indian has made the case for the poorest of the bad, and for plurality in cultural viewpoint. it isn't dazzling that he has received the top awards, starting from the Nobel Prize in Economics to the Bharat Ratna, India's optimum civilian honor. This public acceptance has long past hand in hand with the love and admiration that Amartya's neighbors and scholars carry for him.
This quantity of essays, written in honor of his seventy fifth birthday by way of his scholars and friends, covers the diversity of contributions that Sen has made to wisdom. they're written by means of the various world's prime economists, philosophers and social scientists, and deal with subject matters reminiscent of ethics, welfare economics, poverty, gender, human improvement, society and politics. the second one quantity covers the subjects of Human improvement and services; Gender and loved ones; development, Poverty and coverage; and Society, Politics and background. it's a becoming tribute to Sen's personal contributions to the discourse on Society, associations and Development.
Contributors comprise: Bina Agarwal, Isher Ahluwalia, Montek S Ahluwalia, Ingela Alger, Muhammad Asali, Amiya Kumar Bagchi, Pranab Bardhan, Lourdes Benería, Sugata Bose, Lincoln C. Chen, Martha modify Chen, Kanchan Chopra, Simon Dietz, Sakiko Fukuda-Parr, Jonathan Glover, Cameron Hepburn, Jane Humphries, Rizwanul Islam, Ayesha Jalal, Mary Kaldor, Sunil Khilnani, Stephan Klasen, Jocelyn Kynch, Enrica Chiappero Martinetti, Kirsty McNay, Martha C. Nussbaum, Elinor Ostrom, Gustav Ranis, Sanjay G. Reddy, Emma Samman, Rehman Sobhan, Robert M. Solow, Nicholas Stern, Frances Stewart, Ashutosh Varshney, Sujata Visaria, and Jörgen W. Weibull.
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Additional resources for Arguments for a Better World: Essays in Honor of Amartya Sen: Volume II: Society, Institutions, and Development
Closer consideration shows, however, that this is wrong. Population is an abstraction if, for instance, one disregards the classes of which it is composed. , wage-labor, capital, and so on. These presuppose exchange, division of labor, prices, etc. For example, capital is nothing without wage-labor, without value, money, price, etc. , but analysis led them always in the end to the discovery of a few decisive abstract, general relations, such as division of labor, money, and value. When these separate factors were more or less clearly deduced and established, economic systems were evolved which from simple concepts, such as labor, division of labor, demand, exchange-value, advanced to categories like State, international exchange and world market.
2 Applying the Methodology to Nicaraguan Data The data for Nicaragua are from the Nicaraguan LSMS for 1997/8 (known as the EMNV 1998 Survey). We have followed the methodology used in Vietnam to calculate the capability-based poverty line for Nicaragua, employing both general and food-based CPIs to calculate equivalents over time. Once we had computed the poverty line for Nicaragua, the next step involved calculating income poverty estimates. From the household-level data set, we created an expanded individual-level data set in which each member of each household 5 We used the method proposed in Andrews and Buchinsky (2000) to choose the optimal number of bootstrap iterations, and to evaluate the performance and precision of the resulting bootstrapped standard errors.
5, and 4, and calculated standard errors (the methodology is discussed further below) so as to judge the precision with which the poverty measures were estimated. Next, we compared our capability-based estimates of income poverty in Nicaragua with the estimates that the money-metric methodology would have produced. The comparison was done with the poverty estimates corresponding to diﬀerent poverty lines: the $1 PPP per day and $2 PPP per day poverty lines adjusted by the consumer price index or a food price index for the country.
Arguments for a Better World: Essays in Honor of Amartya Sen: Volume II: Society, Institutions, and Development by Kaushik Basu, Ravi Kanbur