Amartya Sen and the Economic of Human Well-be

Amartya Sen and the Economic of Human Well-being

Biography and Key Milestones Amartya Sen is an outstanding economist and philosopher,​ and a Nobel Laureate in Economics.​ His works are dedicated to issues of human well-being,​ justice,​ and equality.​ In his research,​ Sen emphasizes the importance of considering not only economic,​ but also social,​ cultural,​ and political factors when assessing the well-being of a society.​

Sen's theory focuses on the capabilities of individuals (the capability approach),​ meaning that people should have not just minimal resources,​ but also the real opportunities to use these resources for a fulfilling life.​ This approach became an important contribution to the development of economic theory and practice,​ influencing the formation of modern concepts of sustainable development and human development.​