Question

In: Economics

list any additional “great” or “bad” leaders that should be added to our textbook (Snapshots of...

list any additional “great” or “bad” leaders that should be added to our textbook (Snapshots of great leadership 2nd edition)- by Jon P. Howell and Isaac Wanasika .  & tell me why they should be added.

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Expert Solution

Great

One of the great economist whose contribution unfold the new side of economics is Mr. Amartya Sen. You should add him to our textbook. The following are the reasons:

1. His biggest contribution to the poverty and famine:

Under this subject he had deeply studied and came with the important points on which before him no one gone through. He describe us that how the poverty become the reason of famine and the relation of individual toward the outcome at macro level.

2. Capability concept:

Under this he refers to the capability of individual functioning in the different capacities of the socities to achive the component.

3. Welfare economics:

He describe us the importance of welfare economics to proper of the economy. Earlier economy only relates to the trade and profitability but he provided us that how welfare of economy make us the economic profit which is far more better that monetary benefits. He is the first one who draw our attention to the important of welfare of society and its advantages. He give us the economics not merely studies the rationality of individuals but also how to welfare the society.


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