Martins, Nuno Miguel Ornelas2014-06-122014-06-122009MARTINS, 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. 691-706http://hdl.handle.net/10400.14/14587The 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.engCambridge traditionCapability approachMethodologyOntologyPost Keynesianismjournal article10.2753/PKE0160-3477310409000268599100009