Questions about Sen

Sen’s brilliance shines in every thing he touches. He is, in my opinion, able to go after the big questions in economics and come up with better answers than almost anyone. He should be read, and read carefully. For example, early work on Harrod’s growth theory captures the essential point of Harrod’s model (still an important insight despite its neglect by today’s economists). He also has a relatively early piece on Marx’s labour theory of value which is probably the best in the literature. When he eventually turned his attention to social choice and welfare economics (a literature which tries to rigorously take on the problem of defining the what is “good” for “society”) he makes contribution after contribution.

If you are an economist you know much of his work focuses on the problem of aggregation (an issue which is the Achilles heal of much of economics and which economists often avoid by assuming representative individuals, assuming capital can be treated as a simple homogeneous and easily defined phenomona, assuming that expectations (forecasts of future events) are the same for all, etc.). His contribution in social choice/welfare economics is to identify ways we might be able to get arround the problem of aggregating preferences(Arrow’s theorem) by broadening the information base.

But, IMHO, the most important thing about Sen is that he is a Wayne Gretsky academic (I am a Canadian and a hockey player who was born with seven instead of five senses is a useful point of reference, Tyler might prefer to cite other people with seven senses such as Mozart or Degas, but my real point is that Sen has a brain which works in ways normal human beings can aspire to but never reach). The great thing about being an economist is that questions addressed by economics have attracted many of the the most innately brilliant people in human history and Sen is one of these. Moreover, he has devoted his life to thinking about the problem of creating a better world while simultaneously trying to hold anyone who wants to talk about ” a better world” accountable for their definition of what a better world really means.

Has he found the “holy grail”? No. But anyone searching should read every thing he has written (since it will reveal your errors and help provide direction.) Still his recent popular publications are among the best of his career. He seems to want to make a difference in the real world (i.e beyond the academic world) and, in particular, his work in economic development is practical but not formulaic. Most critics, who are unfamiliar with the way he thinks and of the way his earlier work feeds his pop work, don’t really get it. But an average reader can get a lot.

Read every thing by Sen you can and you will appreciate his pop work to the full. But if you don’t have the tools (mathematics is his languange) read his pop work deeply and you will get some understanding of his points. But alas, there is no simple answer to the basic question (how do we improve the position of the “poor”through concrete policy instruments?) and Sen does not claim to provide one.

speaking as a philosopher I would say that Nussbaum’s changes to Sen’s capabilities approach don’t seem like improvements to me. I don’t find the Aristotelian framework plausible as descriptive view and think it makes it worse as political philosophy and public policy. I don’t think this is a very widely held view but my opinion would be that Sen’s original take was better than Nussbaums’s adaption of it.

GVV,
Enough of your self-promotion. Now please shut up.

GVV,
I am well aware of what is spoken in Kerala, and that the erstwhile Travancore state is only a part of modern Kerala.

That being said, my point was that the institutional history of a state is of primary importance in determining its developmental trajectory. In my opinion, developments in health and literacy are not very sustainable in the absence of the former.

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