Table of Contents

Part I Well-Being: Theory and Realisation
The Commodity basis of well-being
Part II Allocation of Resources Among Households: The Standard Theory
Resource allocation mechanisms
Part III The Household and its Setting: Extensions of Standard Theory
Land, labour, savings and credit; Households and credit restraints (Appendix)
Part IV Undernourishment and destitution
Food needs and work capacity
References
Author and Subject Indexes

About the Author

Partha Dasgupta is a Fellow of the Econometric Society, Fellow of the British Academy, Foreign Honorary Member of the American Academy of Arts and Sciences and Foreign Member of the Royal Swedish Academy of Sciences. His previous books include; Economic Analysis of Markets and Games; Issues in Contemporary Economics, vol. 3; Economic Organizations as Games (with K.G. Binmore) and The Control of Resources

Reviews

Dasgupta has produced a tour de force, a book which is a model of good economics. He has addressed a set of questions which are of central importance, questions for which we really do care what the answers are. To answer these questions he has marshalled an array of evidence, empirical studies drawn from a wide range of sources. And he has brought some simple, but deep, theories and ideas to bear on these questions. The book will be a must for every development economist, but its reach should go well beyond that: every economist should be concerned with the questions it raises, and as a model of how good economics should be done, it should be required reading for every graduate student. Joseph Stiglitz Although he is himself a theoretical economist, his models start in political philosophy, and go beyond what most economists think of as economics into the real conditions of life in the South. An Inquiry into Well-Being and Destitution is in many ways as impressive as Hume, Smith and Marx themselves... No one, however, has gone so far beyond the generalities and brought so much of the many bits of available information together. No one, certainly, has thought it through so hard." London Review of Books a rich unusual and wide ranging work...When one reads the whole book, one is forced to jettison incorrect impressions of simplemindedness. Without doubt, this is mandatory reading for every social scientist anywhere in the world." Indian Express