A. Sen brings economics back to its classic roots. He highlights its social character and creatively demonstrates the relationship between social reality and economic well-being.

With his thorough critique, Nobel laureate A. Sen shows that a closer connection between welfare economics and contemporary ethical studies can enrich and benefit both sciences. That a greater reminder of ethical rules enhances economic practice. Not only for reasons of social order, but mainly, this is the fundamental argument in the present work, because ethics and the system of values facilitate the achievement of well-being, enhance the productivity of an economy, and ensure its faster development.

Sen also argues that the interconnection of economics and ethics facilitates the resolution of issues related to economic and social behavior, particularly in productive relationships that inevitably create and entail problems of cooperation and conflict.

He also explores the role and significance of freedom in assessing well-being and choice. A. Sen restores the productive role of ethical issues and demonstrates that real economics cannot be exhausted in curves and mathematical formulas, but must take into account the actual behavior of people, their morality and the values they uphold, as well as their general perceptions that penetrate their economic behavior and choices.

[Excerpt from the text on the back cover of the edition]