Angus Deaton Quotes

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Inequality is not the same thing as unfairness; and, to my mind, it is the latter that has incited so much political turmoil in the rich world today.

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 don't think that globalisation is anywhere near the threat that robots are.

It's hard to think that Mark Zuckerberg is actually impoverishing anyone by getting rich with Facebook. But driverless cars are another matter entirely.

I both love inequality and am terrified of it.

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...

I've written about how mortality is a wonderful indicator of societal progress.

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.

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.

Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.

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.

What is not OK is for rent-seekers to get rich.

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...

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.

I don't think Brexit is going to help people in Britain.

A lot of people in America and Europe feel that their governments are not representing them very much.

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.

We are trying to say that low income and low job opportunities, after a long period of time, tears at the social fabric.

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