Angus Deaton Quotes
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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.
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Those of us who were lucky enough to be born in the right countries have a moral obligation to reduce poverty and ill health in the world.
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There's this narrative that is entrenched in some of the professions that there's this mysterious thing called 'socioeconomic status' that is immutably correlated with health. And it isn't.
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I don't think that globalisation is anywhere near the threat that robots are.
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I'm in favor of inequality if it comes about from people making great innovations that make us all better off. And I think those people deserve to be rich. But the people who get rich by lobbying the Congress to give them special protections that come out of the hides of the workers seems to be a bad idea.
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It's hard to know what's going to be replaced by technology tomorrow. It feels like we're all at risk. I feel only safe as an emeritus professor!
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I argue that experiments have no special ability to produce more credible knowledge than other methods, and that actual experiments are frequently subject to practical problems that undermine any claims to statistical or epistemic superiority.
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Policies aimed at reversing globalization will lead only to a decrease in real income as goods become more expensive.
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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.
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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.
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A good theoretical account must explain all of the evidence that we see. If it doesn't work everywhere, we have no idea what we are talking about, and all is chaos.
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Despite broad public support, raising the minimum wage is always difficult owing to the disproportionate influence that wealthy firms and donors have in Congress.
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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.
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Inequality is an enormously complicated thing that is both good and bad.
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I don't think equality is intrinsically valuable, meaning in and of itself. I'm not against inequality... if Bill Gates gets another hundred million dollars, it's no skin off my nose.
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Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.
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I'm not a left-wing nut pushing for single-payer!
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I don't think income solely determines health. I think lots of other things determine health.
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Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty.
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I both love inequality and am terrified of it.
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Success breeds inequality, and you don't want to choke off success.
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In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it.
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You can certainly draw a picture of 2016 which makes it look like the 1930s, which, of course, is what everyone is doing.
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It's hard to think that Mark Zuckerberg is actually impoverishing anyone by getting rich with Facebook. But driverless cars are another matter entirely.