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The Standard of Living

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The Standard of Living Cover

 

Synopses & Reviews

Publisher Comments:

Amartya Sen argues that "the standard of living" has been poorly understood and narrowly defined; it is not just a function of opulence, and cannot be seen as utility. It is, he suggests, the "capabilities" offered in states of affairs. In his comments, Bernard Williams considers the conceptual connections among Sen's capabilities, economic welfare, and the broader notion of "well-being", and asks whether the notion raises questions of justice. Ravi Kanbur considers the implications of the uncertainty in the choice that might be thought to be one desirable capability. John Muellbauer offers a specification of choice, and discusses the importance, for assessing capabilities, of the relation between preferences and constraints and between preferences themselves. Keith Hart explores the issue for those societies in which economic life is not fully "commoditized" and in which, therefore, it does not always make sense to reduce things to a price. Sen concludes with replies to these comments.

Synopsis:

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.

Table of Contents

Introduction Geoffrey Hawthorne; 1. The standard of living: lecture I, concepts and critiques Amartya Sen; 2. The standard of living: lecture II, lives and capabilities Amartya Sen; 3. Professor Sen on the standard of living John Muellbauer; 4. The standard of living: uncertainty, inequality and opportunity Ravi Kanbur; 5. Commoditisation and the standard of living Keith Hart; 6. The standard of living: interests and capabilities Bernard Williams; 7. Reply Amartya Sen; Bibliography; Index.

Product Details

ISBN:
9780521368407
Editor:
Hawthorn, Geoffrey
Author:
Hawthorn, Geoffrey
Author:
Sen, Amartya
Author:
Sen, Amartya K.
Publisher:
Cambridge University Press
Location:
Cambridge
Subject:
General
Subject:
Quality of life
Subject:
Economic History
Subject:
Cost and standard of living
Subject:
Basic needs
Subject:
Economics - Macroeconomics
Subject:
Cost and standard of living Cost and standard
Subject:
Philosophy : General
Subject:
Economics - Theory
Edition Description:
Trade paper
Series:
Tanner Lectures in Human Values
Publication Date:
20040931
Binding:
TRADE PAPER
Grade Level:
Professional and scholarly
Language:
English
Pages:
140
Dimensions:
8.83x5.25x.36 in. .41 lbs.

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Related Subjects

Business » History and Biographies
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Business » Management
History and Social Science » Economics » General
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Product details 140 pages Cambridge University Press - English 9780521368407 Reviews:
"Synopsis" by , 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.
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