Recently Partha Sarathi Dasgupta, Frank Ramsay professor of economics at the University of Cambridge, has been honored with Knighthood for his services to economics. Like Amartya Sen, Dasgupta restored an ethical element to economics through his espousal of social well-being. His main contribution to economics was in the realm of economic theory where his research dealt with issues including trade, development planning, welfare and justice, technological change, the economics of malnutrition, taxation, optimal growth theory, and game theory.
                 Dasgupta is originally from India (born in Dhaka in 1942, now in Bangladesh). Earned his Banchelors Degree from Delhi. Moved to Cambridge and completed PhD. Dasgupta has published numerous publications and has taught in different world famous institutions such as London School of Economics,  Harvard University, Princeton University, University of Cambridge etc. 
While receiving a honorary doctorate degree Dasgupta said "Scientists don't work for the money, otherwise they would be doing something else. A scientist wants to be read by others. An honorary doctorate is recognition that at least some people have noticed your work." Wageningen Economist Professor Henk Folmer predicted that Dasgupta stands a good chance of winning a Nobel Prize for Economics within the next ten years. "He is a world class economist, especially as he is master of the whole range of economics from mathematical economics to anthropological economics.