Angus Deaton Quotes Quotes

I've always - and not always happily - considered myself an outsider. Certainly at Fettes. And then the Scots are always outsiders in England. They are always putting you in your place in one way or another, and there is this pretty rigid class hierarchy.
I've written about how mortality is a wonderful indicator of societal progress.
I, who do not believe in socialized health-care, would advocate a single-payment system... because it will get this monster that we've created out of the economy and allow the rest of capitalism to flourish without the awful things that healthcare is doing to us.
If poverty and underdevelopment are primarily consequences of poor institutions, then by weakening those institutions or stunting their development, large aid flows do exactly the opposite of what they are intended to do.
If someone thinks of something, some new innovation that benefits us all, and the market works properly, they get richly rewarded for that, and that's just terrific, and that creates inequality.
If you think about those bailouts that happened in 2008, that was a situation in which the government gave, at our expense, enormous sums of money to some of the richest people who have ever existed on Earth.
In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it.
In the high-income English-speaking world, the elderly get treated very well indeed.
Inequality is an enormously complicated thing that is both good and bad.
Inequality is not so much a cause of economic, political, and social processes as a consequence. Some of these processes are good, some are bad, and some are very bad indeed.
Inequality is not the same thing as unfairness; and, to my mind, it is the latter that has incited so much political turmoil in the rich world today.
Inequality is partly a marker of success.
International development aid is based on the Robin Hood principle: take from the rich and give to the poor.
It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.
It's a murky world out there, and it's hard to figure things out sometimes.
It's hard to think that Mark Zuckerberg is actually impoverishing anyone by getting rich with Facebook. But driverless cars are another matter entirely.
Like many in academia and in the development industry, I am among globalization's greatest beneficiaries - those who are able to sell our services in markets that are larger and richer than our parents could have dreamed of.
Many people have mixed views about unions, but unions used to give people some measure of control at work. They gave them a social life and political representation in Washington, which doesn't really exist anymore.
My work on happiness is the only thing I've ever done where I've heard people in the supermarket talking about it, for instance.
Parents tend to value their lives more highly than people without kids, but they're different in lots of ways: They're richer. They're better educated. They're healthier.
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AuthorName
Angus Deaton
Profession
Economist
BirthDate
19 October, 1945
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