Routledge Freedom, Responsibility and Economics of the Person 175

Explore the evolution of the capability approach in this scholarly work from the Routledge Frontiers of Political Economy series. Since Amartya Sen received the Nobel Prize in Economics in 1998, the capability approach has grown into a significant tool for analyzing poverty and inequality. This text examines how this framework helps redefine policies intended to improve individual well-being. This book covers the application of the approach across multiple sectors, including health, education, and sustainable development. It provides a deep look into the classical economics tradition while addressing the limitations encountered as the theory has expanded. It is an essential resource for those studying the intersection of economic policy, human development, and the fundamental roles of freedom and responsibility in modern economic thought.