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Question
Write a short note on Welfare Economics given by Amartya Sen.
Solution
- Amartya Sen was awarded the Nobel prize for his contributions to welfare economics.
- Sen’s major point has been that the distribution of income/consumption among the persons below the poverty line is to be taken into account.
- Sen has focused on the poor, viewing them not as objects of pity requiring charitable hand-outs, but as disempowered folk needing empowerment in all aspects.
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