Angus Deaton in Conversation with Amartya Sen, “Economics with a Moral Compass?“

“Economics with a Moral Compass? Welfare Economics: Past, Present and Future“ Angus Deaton in Conversation with Amartya Sen Overview: Many believe that economics and economists have an important role to play in creating better societies. The bedrock of the economic approach is the field of welfare economics which studies how to conceptualize and measure welfare with a view to designing better policies and institutions. It also allows ethics and economics to speak to each other. Yet, normative aspects of economics are sometimes dismissed as less scientific and therefore marginal to the discipline. And this is blamed, for example, for blinding economists to concerns about poverty and inequality. This conversation will focus on bringing ethical issues into economics, and the implications that this has for the practice and teaching of economics. Speakers: Angus Deaton, Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus, Princeton University’s Woodrow Wil