- Call
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- Nov 07, 2020
Angus Deaton Quotes
Most Famous Angus Deaton Quotes of All Time!
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- Last Updated on May 30, 2021
- Good
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- Nov 07, 2020
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.
- Disrupted
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- Nov 07, 2020
Although globalization and technological change have disrupted traditional work arrangements, both processes have the potential to benefit everyone. The fact that they have not suggests that the wealthy have captured the benefits for themselves.
- Difficult
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- Nov 07, 2020
Despite broad public support, raising the minimum wage is always difficult owing to the disproportionate influence that wealthy firms and donors have in Congress.
- Focus
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- Nov 07, 2020
Broadly shared progress can be achieved with policies that are designed specifically to benefit consumers and workers. And such policies need not even include redistributive taxation, which many workers oppose. Rather, they can focus on ways to encourage competition and discourage rent-seeking.
- Globalization
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- Nov 07, 2020
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.
- More
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- Nov 07, 2020
Policies aimed at reversing globalization will lead only to a decrease in real income as goods become more expensive.
- Fueled
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- Nov 07, 2020
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.
- Hood
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- Nov 07, 2020
International development aid is based on the Robin Hood principle: take from the rich and give to the poor.
- Harmed
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- Nov 07, 2020
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.
- Globalization
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- Nov 07, 2020
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.
- Believe
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- Nov 07, 2020
When citizens believe that the elite care more about those across the ocean than those across the train tracks, insurance has broken down, we divide into factions, and those who are left behind become angry and disillusioned with a politics that no longer serves them.
- Live
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- Nov 07, 2020
Europeans tend to feel more positively about their governments than do Americans, for whom the failures and unpopularity of their federal, state, and local politicians are a commonplace. Yet Americans' various governments collect taxes and, in return, provide services without which they could not easily live their lives.
- Help
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- Nov 07, 2020
In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it.
- Health
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- Nov 07, 2020
Americans, like many citizens of rich countries, take for granted the legal and regulatory system, the public schools, health care and social security for the elderly, roads, defense and diplomacy, and heavy investments by the state in research, particularly in medicine.
- Ideas
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- Nov 07, 2020
Without properly functioning civil courts, there is no guarantee that innovative entrepreneurs can claim the rewards of their ideas.
- History
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- Nov 07, 2020
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.
- Dying
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- Nov 07, 2020
The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland.
- History
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- Nov 07, 2020
I was born in Edinburgh, in Scotland, a few days after the end of the Second World War. Both my parents had left school at a very young age, unwillingly in my father's case. Yet both had deep effects on my education, my father influencing me toward measurement and mathematics, and my mother toward writing and history.
- Night
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- Nov 07, 2020
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.
- Best
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- Nov 07, 2020
I didn't care for school much - it was very strict, corporal punishment in the form of the 'tawse' was common and unpredictable, and I was often afraid - but I believe that I did well enough; indeed, my mother always regretted that I had not stayed long enough to become the 'dux,' as the best pupil was called.
- Me
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- Nov 07, 2020
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.
- Dream
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- Nov 07, 2020
When I was a boy living in Edinburgh in Scotland, especially in December, when the hours of daylight were few, and it was cold, and often wet, I used to dream of escaping to a tropical magic kingdom.
- Great
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- Nov 07, 2020
I have the great good fortune that one of my collaborators in work, Anne Case, is also my collaborator in life.
- Clarify
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- Nov 07, 2020
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.
- I Think
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- Nov 07, 2020
I don't think income solely determines health. I think lots of other things determine health.
- Mysterious
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- Nov 07, 2020
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.
- Nut
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- Nov 07, 2020
I'm not a left-wing nut pushing for single-payer!
- Me
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- Nov 07, 2020
I think putting numbers together into a coherent framework always seemed to me to be what really matters.
- Good
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- Nov 07, 2020
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.
- Differences
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- Nov 07, 2020
The World Bank adjusts its poverty estimates for differences in prices across countries, but it ignores differences in needs.
- Fellow Citizens
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- Nov 07, 2020
Trade, migration, and modern communications have given us networks of friends and associates in other countries. We owe them much, but the social contract with our fellow citizens at home brings unique rights and responsibilities that must sometimes take precedence, especially when they are as destitute as the world's poorest people.
- Cooperation
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- Nov 07, 2020
International cooperation is vital to keeping our globe safe, commerce flowing, and our planet habitable.
- I Believe
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- Nov 07, 2020
I believe, as do most people, that we have an obligation to assist the truly destitute.
- Coexistence
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- Nov 07, 2020
As recognized since ancient times, the coexistence of very rich and very poor leads to two possibilities, neither a happy one. The rich can rule alone, disenfranchising or even enslaving the poor, or the poor can rise up and confiscate the wealth of the rich.
- Life
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- Nov 07, 2020
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.
- Only
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- Nov 07, 2020
Aid can only reach the victims of war by paying off the warlords and, sometimes, extending the war.
- Legal
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- Nov 07, 2020
Political and legal institutions play a central role in setting the environment that can nurture prosperity and economic growth.
- Foreign Aid
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- Nov 07, 2020
Foreign aid, especially when there is a lot of it, affects how institutions function and how they change.
- Dragged
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- Nov 07, 2020
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.
- Great
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- Nov 07, 2020
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.
- Hardwired
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- Nov 07, 2020
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.
- New
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- Nov 07, 2020
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.
- Partly
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- Nov 07, 2020
Inequality is partly a marker of success.
- Money
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- Nov 07, 2020
I really don't think we've become a plutocracy, but I worry about the enormous influence that money has in a democracy such as ours.
- Fishing
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- Nov 07, 2020
After a day's fishing, I'll know the solution to something or have good ideas that were not accessible before.
- Myself
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- Nov 07, 2020
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.
- Life
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- Nov 07, 2020
I doubt that Donald Trump would be happier... if he was a different person. But Trump is always telling people how great his life is and about all the great things that he's done, and that's also all about his income. And that's also what we found. If you ask people how their lives are going, as a whole, it seems they tend to point to income.
- Look
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- Nov 07, 2020
You can certainly draw a picture of 2016 which makes it look like the 1930s, which, of course, is what everyone is doing.
- Health
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- Nov 07, 2020
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.
- Income
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- Nov 07, 2020
Putting, say, an 85 per cent income tax rate is unlikely to bring in much revenue.
- Me
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- Nov 07, 2020
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.
- Matter
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- Nov 07, 2020
It's hard to think that Mark Zuckerberg is actually impoverishing anyone by getting rich with Facebook. But driverless cars are another matter entirely.
- Both
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- Nov 07, 2020
I both love inequality and am terrified of it.
- Numbers
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- Nov 07, 2020
A lot of our sources for income-inequality measures come from household surveys in which people report how much they earned in the last year, how much income they have, and so on. Those are not as well funded as they should be. We need to have those numbers.
- Knowledge
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- Nov 07, 2020
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.
- Poverty
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- Nov 07, 2020
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.
- Growth
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- Nov 07, 2020
Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.
- Education
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- Nov 07, 2020
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.
- OK
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- Nov 07, 2020
What is not OK is for rent-seekers to get rich.
- Capitalism
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- Nov 07, 2020
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.
- Corruption
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- Nov 07, 2020
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.
- Help
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- Nov 07, 2020
I don't think Brexit is going to help people in Britain.
- Europe
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- Nov 07, 2020