What strikes me about Sen is that he is an economist who has a fine 
understanding of philosophical issues. He is rightly critical of many of 
the key presuppositions of welfare theory including the impossibility of 
making interpersonal comparisons of utility. We can't say a dollar spent 
on a starving person for food is of greater utility than that of a dollar 
spent by Bill Gates to light someone's cigar. While this is nonsense, 
many  economists agree to it as part of their initiation into the club of 
welfare theorists. To be part of the club you must swallow a number of 
such pieces of nonsense. Welfare economists are faced with the necessity 
of "discounting" certain preferences such as those of pedophiles and mass 
murderers but it is not clear how they could ever consistently do this 
without making HORROR OF HORRORS, Value Judgments. 
Common sense must be left outside the field. 
Sen also points out many of the problems of trying to calculate group 
welfare in terms of individual preferences and the incompatibility of 
Paretian welfare principles with rights. Contrast this with the Coase's 
cluelessness on these issues and yet Coase received the prize-- partly 
for "THe PRoblem of Social COst" no doubt. 
Sen has my vote, independently of anything he may have written on 
development economics. He is amazingly prolific as well. 
   Cheers, Ken Hanly



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