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The Standard of Living - Sen, Amartya, FBA, and Hawthorn, Geoffrey (Editor)
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Amartya Sen reconsiders the idea of 'the standard of living'. He rejects the more conventional economic interpretations in terms of 'unity' and of wealth or 'opulence', and suggests an interpretation in terms of the 'capabilities and freedoms' that states of affairs do or do not allow. His argument is conceptual, but it refers to a wide range of examples. In elaborations of it, John Muellbauer explains how parts of it might be applied; Ravi Kanbur discusses the difficulties raised by choice ex ante, under uncertainty, and ...

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The Standard of Living 1988, Cambridge University Press, Cambridge

ISBN-13: 9780521368407

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