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Amartya Sen’s Peasant Economies: A Review with Examples

Mohajan, Haradhan (2016): Amartya Sen’s Peasant Economies: A Review with Examples. Published in: Open Access Library Journal , Vol. 3, No. 1 (29 January 2016): pp. 1-15.

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Abstract

This article provides partial mathematical analysis of Amartya Sen’s published paper “Peasants and Dualism With or Without Surplus Labor”. This paper may provide useful illustrations of the applications of mathematics to economics. Here three portions of Sen’s paper ‘the simplest model, production for a market response and to withdrawal of labor’ are discussed in some details. Results of the study are given in mathematical formulations with physical interpretations. An attempt is taken here to make the Sen’s paper more interesting to the readers who have desire for detailed mathematical explanations with theoretical analysis.

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