Angus Deaton Quotes

Angus Deaton

Profession : Economist

Birth : October 19, 1945

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.

Angus Deaton

Inequality is partly a marker of success.

Angus Deaton

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.

Angus Deaton

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.

Angus Deaton

Foreign aid, especially when there is a lot of it, affects how institutions function and how they change.

Angus Deaton

I'm not a left-wing nut pushing for single-payer!

Angus Deaton

High quality, open, transparent, and uncensored data are needed to support democracy.

Angus Deaton

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

Angus Deaton

I don't think equality is intrinsically valuable, meaning in and of itself. I'm not against inequality... if Bill Gates gets another hundred million dollars, it's no skin off my nose.

Angus Deaton

The world is hugely unequal.

Angus Deaton

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.

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.

Angus Deaton

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

Angus Deaton

Without properly functioning civil courts, there is no guarantee that innovative entrepreneurs can claim the rewards of their ideas.

Angus Deaton

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.

Angus Deaton

People who have children, by and large, want children. People who don't want children are people who, by and large, don't want to have children. And why would you expect one set to be happier than another?

Angus Deaton

I have the great good fortune that one of my collaborators in work, Anne Case, is also my collaborator in life.

Angus Deaton

You can certainly draw a picture of 2016 which makes it look like the 1930s, which, of course, is what everyone is doing.

Angus Deaton

The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland.

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.

Angus Deaton