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Complete video at: fora.tv Nobel Prize-winning economist Amartya Sen answers a question as to whether for-profit medical insurance is inherently unjust. Sen agrees that this is likely the case regarding insurance companies, but notes that there are other instances where for-profit competition results in a fairer system. —– Nobel Laureate Amartya Sen has been called the “Mother Teresa of economics” for his work on famine, human development theory and welfare economics. He argues that social justice is more than a matter of intellectual discourse, and that the idea of justice influences how – and how well — people live. Sen offers a powerful critique of the mainstream theories of justice that, despite their many specific achievements, he argues, have taken us in the wrong direction. – Commonwealth Club of California Amartya Sen is Lamont University Professor, and Professor of Economics and Philosophy, at Harvard University and was until recently the Master of Trinity College, Cambridge. He was formerly Honorary President of OXFAM and is now its Honorary Advisor. Amartya Sen’s books have been translated into more than thirty languages. His research has ranged over a number of fields in economics, philosophy, and decision theory, including social choice theory, welfare economics, theory of measurement, development economics, public health, gender studies, moral and political philosophy, and the economics of peace and war. Amartya Sen has received honorary doctorates from …