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Quote by Amartya Sen

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Amartya Sen
Amartya Sen

Amartya Sen is an Indian economist renowned for his contributions to welfare economics, development economics, and ethics. He won the Nobel Prize in Economics in 1979 and is considered one of the most outstanding economists of the 20th century. more

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“There is an alternative to terror. It is called, in the political order, democracy. In the economic order, it is called the dynamic enterprise economy. (...) It empowers poor people from the bottom up. (...) A dynamic economic sector is the poor's best hope of escaping the prison of poverty. It is the only system so far known to human beings to take poor people and make them, quite soon, middle class, and some of them even (horrors!) rich.”