On Economic Inequality

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Clarendon Press, 1997 - Business & Economics - 260 pages
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In this classic text, first published in 1973, Amartya Sen relates the theory of welfare economics to the study of economic inequality. He presents a systematic treatment of the conceptual framework as well as the practical problems of measurement of inequality. In his masterful analysis, Sen assesses various approaches to measuring inequality and delineates the causes and effects of economic disparities. Containing the four lectures from the original edition as well as a new introduction, this timeless study is essential reading for economists, philosophers, and social scientists.
In a substantial new annexe, Amartya Sen, jointly with James Foster, critically surveys the literature that followed the publication of this book, and also evaluates the main analytical issues in the appraisal of economic inequality and poverty.
 

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If you do not feel comfortable with how entropy is applied to measure inequality, you are not alone: Many people have difficulties to accept that inequality is "order" and that equality is "disorder ... Read full review

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YOU ARE ALL HOBO SLIME TRASHLINGS!
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Contents

Welfare Economics Utilitarianism and Equity
1
Measures of Inequality
24
Inequality as a QuasiOrdering
47
Work Needs and Inequality
77
On Economic Inequality after a Quarter
107
Bibliography
221
Index of Names
253
Copyright

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About the author (1997)

Amartya Sen is at Harvard University. James Foster is at Vanderbilt University, Nashville.

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