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Amartya Sen,______ great Indian economist, received ____ Nobel prize in Economics in 1998

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Answered by Anonymous
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Answered by msatyam1957
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Explanation:

Three million people died in India’s 1943 Bengal famine. Living through it was a 9-year-old boy named Amartya K. Sen, who, 55 years later, won the Nobel Prize in Economics for his work on poverty and famine.

Sen, Lamont University Professor Emeritus and a current adjunct and visiting professor at Harvard, was awarded the 1998 Nobel Prize in Economics Wednesday “for his contributions to welfare economics.”

He is Harvard’s 37th Nobel laureate.

Sen, 64, has done extensive work on the economics of poverty. He has developed new ways to predict and fight famine as well as ways to measure poverty, so that more effective social programs can be designed.

Sen said he was awakened early Wednesday morning by a phone call. When the phone rang that early, he said, he feared it was bad news.

“It turned out it wasn’t bad news; it was very good news,” Sen said. “I’ve been giving more interviews today than I ever have in my life.”

Sen said he was happy that the prize will call attention to welfare economics and to the situation of society’s poor.

“I thought that was the best aspect of [the prize],” Sen said. “All my life I’ve been concerned with the underside of economics.”

Sen is the adjunct professor of population and international health at the School of Public Health and is based in the Harvard Center for Population and Development Studies in Cambridge. Sen is also visiting professor of economics in the Faculty of Arts and Sciences. Sen was named Lamont University Professor shortly after his arrival here in 1987 as a professor of economics and philosophy. He became Master of Trinity College in Cambridge, England, in 1998.

Harvard President Neil L. Rudenstine said the prize is very appropriate for a man who looks for solutions to problems at the heart of both economics and philosophy.

“This is the most fitting possible prize,” Rudenstine said. “Amartya works on the most fundamental problems that lie at the crossroads of economics and philosophy. He brings to those problems imaginative, brilliant analytic power and a moral vision that

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