Angus Deaton quotes - page 2

Angus Deaton is a British economist renowned for his work on consumption, poverty, and welfare. His research has greatly influenced development economics and social policy worldwide. He received the Nobel Prize in Economic Sciences for his analysis of consumption, poverty, and welfare. Here are 45 of his quotes:

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. (Angus Deaton)
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. View quote
Angus Deaton
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. View quote
Angus Deaton
I grew up pretty poor - not poor compared with people in India or Africa who are really poor, but poor enough so that the worry about money really cast a pall over your life a lot of the time. View quote
Angus Deaton
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. View quote
Angus Deaton
The world is hugely unequal. View quote
Angus Deaton
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. View quote
Angus Deaton
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. View quote
Angus Deaton
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. View quote
Angus Deaton
Inequality is an enormously complicated thing that is both good and bad. View quote
Angus Deaton
European countries give much larger shares of aid for poverty relief than the U.S. (Angus Deaton)
I both love inequality and am terrified of it. View quote
Angus Deaton
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. View quote
Angus Deaton
In the high-income English-speaking world, the elderly get treated very well indeed. View quote
Angus Deaton
China and India are the success stories; rapid growth in large countries is an engine that can make a colossal dent in world poverty. View quote
Angus Deaton
I'm very keen that we have this debate about the good parts of inequality and the bad parts of inequality. It's not a one-sided thing. View quote
Angus Deaton
In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it. View quote
Angus Deaton
I do worry about a world in which the rich get to write the rules. View quote
Angus Deaton
International development aid is based on the Robin Hood principle: take from the rich and give to the poor. View quote
Angus Deaton
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. View quote
Angus Deaton

Angus Deaton

Angus Deaton - Image
Photo: Holger Motzkau, CC BY-SA 3.0
Occupation: British Economist
Born: October 19, 1945
Quotes count: 45