Kuklys examines how Nobel Prize-winning economist Amartya Sen?s approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individual?s welfare should not be measured in terms of her income, but in terms...

Introduction -- Why inequality is the real issue -- The long neglect of inequality -- The statistical drift of inequality studies -- Inequality and globalization -- Inequality and democracy -- The future of inequality