Angus Deaton Quotes
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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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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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The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland.
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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.
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The absence of state capacity - that is, of the services and protections that people in rich countries take for granted - is one of the major causes of poverty and deprivation around the world.
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In the high-income English-speaking world, the elderly get treated very well indeed.
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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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It's a murky world out there, and it's hard to figure things out sometimes.
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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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Policies aimed at reversing globalization will lead only to a decrease in real income as goods become more expensive.
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After a day's fishing, I'll know the solution to something or have good ideas that were not accessible before.
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The people who hate immigrants are people who have never met them!
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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.
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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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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.
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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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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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I don't think income solely determines health. I think lots of other things determine health.
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I'm not a left-wing nut pushing for single-payer!
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I both love inequality and am terrified of it.
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I think there are a lot of policies that have been unfriendly to workers' wages.
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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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I do worry about a world in which the rich get to write the rules.
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Success breeds inequality, and you don't want to choke off success.