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The market economy succeeds not because some people's interests are suppressed and other people are kept out of the market, but because people gain individual advantage from it.

Amartya Sen

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Amartya Sen
Age: 91
Born: 1933
Born: November 3
Economist
Philosopher
Sociologist
University Teacher
Writer
Shantiniketan
Amartya Kumar Sen
Professor Amartya Kumar Sen
Market
Advantage
Succeed
Suppressed
Economy
Succeeds
Interest
Gain
Individual
Interests
People
Kept
Gains

More quotes by Amartya Sen

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One has to be realistic. One’s concern for equity and justice in the world must not carry one into the alien territory of unreasoned belief. That’s very important.
Amartya Sen
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Thailand's economic development was driven by educational expansion. That has been a very dramatic factor, and South Asia had been pretty miserable in not learning from that experience.
Amartya Sen
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The Arab world is also the world that produced some of the greatest improvements in mathematics and in science. Even today, when a Princeton mathematician does an algorithm, he may not remember that algorithm derived from the name al-Khwarizmi, who is a ninth-century Arab mathematician.
Amartya Sen
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Even in areas like the most depressed region of India in terms of female education, namely Rajasthan, which has [one of] the lowest female literacy [rates] in India. Even there, 80 to 90 percent of the parents would like their girls to go to school. And indeed, about 80 percent would like them to be made compulsory.
Amartya Sen
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I really do believe that education, despite this massive potential in transforming human lives, has not received the kind of attention that people should have given to it.
Amartya Sen
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I'm very skeptical of the amount of money that goes into military expenditure, not just in the poor countries [but] also in the rich. I think it's one of the most massive wastes in the world, but education is [at the] other end. It's the bearer of the greatest fruits that mankind has ever known.
Amartya Sen
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Education makes us the human beings we are. It has major impacts on economic development, on social equity, gender equity. In all kinds of ways, our lives are transformed by education and security. Even if it had not one iota of effect [on] security, it would still remain in my judgment the biggest priority in the world.
Amartya Sen
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No substantial famine has ever occurred in a democratic country - no matter how poor.
Amartya Sen
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Globalization is a complex issue, partly because economic globalization is only one part of it. Globalization is greater global closeness, and that is cultural, social, political, as well as economic.
Amartya Sen
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Freedoms are not only the primary ends of development, they are also among its principal means.
Amartya Sen
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Famines occur under a colonial administration, like the British Raj in India or for that matter in Ireland, or under military dictators in one country after another, like Somalia and Ethiopia, or in one-party states like the Soviet Union and China.
Amartya Sen
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Ultimately, imperialism made even the British working classes suffer. This is a point which the British working classes found quite difficult to swallow, but they did, actually.
Amartya Sen
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When the Nobel award came my way, it also gave me an opportunity to do something immediate and practical about my old obsessions, including literacy, basic health care and gender equity, aimed specifically at India and Bangladesh.
Amartya Sen
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I think the UN's role - especially since it's not an extremely rich fund, and that's to put it mildly - is mainly to act as a leading thinker of the world in terms of how to think about the future.
Amartya Sen
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I believe that virtually all the problems in the world come from inequality of one kind or another.
Amartya Sen
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We live in a world community, and economic contact has partly contributed to that. It’s also the case that economic opportunity opened up by economic contact has helped to a great extent to reduce poverty in many parts of the world.
Amartya Sen
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China had managed to reduce their fertility to a large extent because of basic expansion of women's education, not because of the one-child family.
Amartya Sen
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I left Delhi, in 1971, shortly after Collective Choice and Social Welfare was published in 1970.
Amartya Sen
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I think that so many of our abilities to do things depend on interaction with each other.
Amartya Sen
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I think education has a bigger impact on the lives of people than absolutely anything else.
Amartya Sen