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Amartya Sen

अमर्त्य सेन
born 1933
Economics

Welfare economics and famines — Nobel Prize in Economic Sciences, 1998

Story

Prof. Amartya Sen, born in Santiniketan, showed how famines can happen even when food is available, and developed new ways to measure poverty, inequality and human well-being. His ideas helped create the UN Human Development Index.

Key contributions

  • Nobel Memorial Prize in Economic Sciences (1998)
  • Theory of famines and entitlements; social choice theory
  • Capability approach behind the Human Development Index
  • Bharat Ratna (1999)

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