5 Angus Deaton

Roberts

Angus Deaton is a British Nobel prize winner in economics and an expert on poverty economics, working in America. In a recent book, Deaton angrily said that “mainstream economists deliberately ignore rising levels of inequality and the horrendous impact of poverty, claiming that this is not the business of economics. …. “there is this very strong libertarian belief that inequality is not a proper area of study for economists. Even if you were to worry about inequality, it would be best if you just kept quiet and lived with it.”

Roberts (2023) Why real-world economics matters