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From the Nobel Prize-winning economist and New York Times bestselling coauthor of Deaths of Despair and the Future of Capitalism, candid reflections on the economist's craft. When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America's strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our time -- from poverty, retirement, and the minimum wage to the ravages of the nation's uniquely disastrous health care system -- and narrates Deaton's account of his experiences as a naturalized US citizen and academic economist.. Deaton is witty and pulls no punches. In this incisive, candid, and funny book, he describes the everyday lives of working economists, recounting the triumphs as well as the disasters, and tells the inside story of the Nobel Prize in economics and the journey that led him to Stockholm to receive one.
About the Author
Angus Deaton
Sir Angus Deaton is now a Senior Scholar at the Woodrow Wilson School, where his main interests are in poverty, inequality, health, development, well-being, and the use of evidence in social science and medicine. He also has a part-time appointment as Presidential Professor of Economics at the University of Southern California. He has taught at Cambridge University and at the University of Bristol. He is a member of the National Academy of Sciences, a Corresponding Fellow of the British Academy, and an Honorary Fellow of the Royal Society of Edinburgh. He is a fellow of the Econometric Society, and was the first recipient of the Society's Frisch Medal for Applied Econometrics. His current pursuits include research on poverty and inequality around the world, on the appropriate use of randomized controlled trials, and on the determinants of health and well-being, particularly on relationships with income, both domestically and internationally. He was President of the American Economic Association in 2009. Ph.D. Cambridge University. He holds honorary doctorates from the University of Rome, Tor Vergata, University College, London, the University of St Andrews, the University of Edinburgh, the University of Cyprus, Brown University, and the University of Cambridge. He was the recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2015. In 2016, he was made a Knight Bachelor for his services to economics and international affairs.
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