[PEN-L:8258] Re: Bengali famine

[Brad De Long <delong@xxxxxxxxxxxxxxxxx>]

>>But it does: the market weights your well-being roughly in proportion to
>>your income--that is what taking real GDP per capita to be your welfare
>>index implies. No income, a zero weight. That's how market economies
>>generate things like the Bengal famine of 1942.
>>Brad DeLong
>
>Ordinarily I stay away from discussions involving Brad DeLong with a
>ten-foot pole, but this business about the Bengal famine as a function of
>the market is such a screaming lie that I have to post something.

Your fight is with Amartya Sen--not me.

But my strong impression is that you have lost the argument already.

Sen is not dumb, is careful, and rarely makes mistakes...


Brad DeLong