Angus Deaton Quotes Quotes

People on left have to better understand what are the benefits of inequality, and people on right have to understand better what the dangers are... It has to become properly hardwired into the American democratic debate in a way that it hasn't really been.
People who have children, by and large, want children. People who don't want children are people who, by and large, don't want to have children. And why would you expect one set to be happier than another?
Policies aimed at reversing globalization will lead only to a decrease in real income as goods become more expensive.
Political and legal institutions play a central role in setting the environment that can nurture prosperity and economic growth.
Putting, say, an 85 per cent income tax rate is unlikely to bring in much revenue.
Success breeds inequality, and you don't want to choke off success.
The best moments are when, together with... you bring information, you bring data to bear in a way that helps illuminate something that you just don't really understand. Even if it doesn't completely clarify it, it just, you know, helps bring it together.
The call to rein in globalization reflects a belief that it has eliminated jobs in the West, sending them East and South. But the biggest threat to traditional jobs is not Chinese or Mexican; it is a robot.
The educational highlights I remember were not in the classroom. My father spent a lot of time with me when he could. He taught me how to take square roots, a skill I have retained but do not use often, except to check that I still remember.
The first thing we need to understand when we think about globalization is that it has benefited an enormous number of people who are not part of the global elite.
The globalization that has rescued so many in poor countries has harmed some people in rich countries, as factories and jobs migrated to where labor is cheaper.
The history of Montana has been of the government giving land grants to people that could not possibly turn it into decent farms. And that's destroying their lives. So they don't see the government as something that's out there to help them.
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland.
The people who hate immigrants are people who have never met them!
The school in the Yorkshire mining village in which my father grew up in the 1920s and 1930s allowed only a few children to go to high school, and my father was not one of them. He spent much of his time as a young man repairing this deprivation, mostly at night school.
The very wealthy have little need for state-provided education or health care... They have even less reason to support health insurance for everyone or to worry about the low quality of public schools that plagues much of the country.
The World Bank adjusts its poverty estimates for differences in prices across countries, but it ignores differences in needs.
The world is hugely unequal.
There is much that remains mysterious about why some countries grow rapidly and some grow slowly.
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AuthorName
Angus Deaton
Profession
Economist
BirthDate
19 October, 1945
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