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Sen's capability approach and Post Keynesianism: similarities, distinctions, and the Cambridge tradition

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The capability approach to human development, proposed by Amartya Sen and others, is now a prominent perspective within welfare economics and development economics. I argue that the capability approach, like Post Keynesianism, can be situated within the Cambridge economic tradition, a tradition grounded on classical economics, and characterized by an ontological focus on themes such as openness and uncertainty, and by a common social philosophy. Furthermore, I argue that the capability approach and Post Keynesianism can be seen as complementary and mutually enriching approaches.

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Cambridge tradition Capability approach Methodology Ontology Post Keynesianism

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MARTINS, Nuno Miguel Ornelas - Sen's capability approach and Post Keynesianism: similarities, distinctions, and the Cambridge tradition. Journal of Post Keynesian Economics. ISSN 0160–3477. Vol. 31, N.º 4 (2009), p. 691-706

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