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Angus Deaton Quotes
Angus Deaton Quotes
Angus Deaton
British
Economist
Born:
Oct 19
,
1945
About
People
Rich
Think
World
You
Related authors:
Adam Smith
Alan Greenspan
E. F. Schumacher
John Kenneth Galbraith
John Maynard Keynes
Milton Friedman
Paul A. Volcker
Thomas Sowell
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.
Angus Deaton
Politics
Angry
Broken
Care
Become
Ocean
Down
Believe
Those
Citizens
About
More
Divide
Factions
Longer
Tracks
Insurance
Left
Train
Than
Behind
Disillusioned
Them
Across
Who
Serve
Elite
International cooperation is vital to keeping our globe safe, commerce flowing, and our planet habitable.
Angus Deaton
Our
Our Planet
Vital
Habitable
Safe
Globe
Commerce
Planet
International
International Cooperation
Cooperation
Keeping
Flowing
I don't think that globalisation is anywhere near the threat that robots are.
Angus Deaton
Think
Threat
Globalisation
Robots
Anywhere
Near
The call to rein in globalization reflects a belief that it has eliminated jobs in the West, sending them East and South. But the biggest threat to traditional jobs is not Chinese or Mexican; it is a robot.
Angus Deaton
Robot
East
Jobs
Threat
Globalization
Call
Traditional
West
South
Mexican
Reflects
Sending
Biggest
Chinese
Them
Belief
Rein
Eliminated
Globalization obviously has the potential to be good. That doesn't mean it's good for everybody. There's a very large number of people in India and China who benefited directly from globalization, but it doesn't mean everybody in America benefits from globalization.
Angus Deaton
Good
People
Benefits
Everybody
India
Potential
Directly
Obviously
Globalization
Very
America
China
Mean
Who
Large
Large Number
Number
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
Future
Change
People
World
Prosperity
Will
Poverty
Our
Worse
Out
India
Only
Most
Globalization
Make
Around
Been
Reversing
Very
China
China And India
Who
Large
Large Number
Technical
Awful
Things
Dragged
Number
Guarantee
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.
Angus Deaton
Time
Man
School
Father
Few
Young
Spent
High
Mining
High School
Only
Allowed
He
Mostly
Repairing
Go
His
Up
Yorkshire
Children
Grew
Which
Young Man
Them
Deprivation
Much
Village
Night
A lot of people, including me, are worried that inequality will lead to bad things.
Angus Deaton
Me
People
Will
Bad Things
Worried
Bad
Lead
Inequality
Lot
Including
Things
I feel passionately about measurement - about how difficult it is, about how much theory and conceptualization is involved in measurement, and indeed, how much politics is involved.
Angus Deaton
Politics
Measurement
Difficult
Indeed
About
Feel
Involved
How
How Much
Passionately
Much
Theory
European countries give much larger shares of aid for poverty relief than the U.S.
Angus Deaton
Poverty
Aid
Relief
Give
Shares
Countries
Than
Much
European
European Countries
Larger
International development aid is based on the Robin Hood principle: take from the rich and give to the poor.
Angus Deaton
Rich
Aid
Hood
Give
Take
Development
Principle
Robin
Robin Hood
Poor
International
Based
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.
Angus Deaton
Politicians
Live
State
Local
Positively
Easily
Collect
About
More
Various
Tend
Could
Federal
Feel
Failures
Return
Without
Provide
Governments
Than
American
Which
Commonplace
Taxes
Europeans
Whom
Lives
Services
In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it.
Angus Deaton
Think
Brought
Allies
Policemen
Up
Scotland
Ask
Help
Needed
Without properly functioning civil courts, there is no guarantee that innovative entrepreneurs can claim the rewards of their ideas.
Angus Deaton
Innovative
Claim
Civil
No Guarantee
Properly
Entrepreneurs
Ideas
Without
Courts
Rewards
Guarantee
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.
Angus Deaton
Government
History
People
Giving
Montana
Destroying
Out
Has-Been
Possibly
See
Something
Could
Been
Decent
The History Of
Them
Land
Turn
Grants
Farms
Help
Lives
The Nobel thing is like dying and going to heaven for a while. It's like being transported to a fairyland.
Angus Deaton
Nobel
Like
Going
Heaven
Being
Dying
While
Thing
The people who hate immigrants are people who have never met them!
Angus Deaton
Hate
People
Met
Immigrants
Never
Them
Who
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.
Angus Deaton
Best
School
Mother
Care
Strict
Long
Become
Believe
Enough
Corporal
Indeed
Punishment
Pupil
Unpredictable
Stayed
Had
Well
Well Enough
Always
Very
Did
Often
Common
Afraid
Form
Much
Regretted
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.
Angus Deaton
Time
Me
Remember
Father
Spent
Classroom
Except
Could
Take
He
Highlights
Check
How
Still
Were
Educational
Lot
Square
Often
Taught
Skill
Roots
Use
I don't think income solely determines health. I think lots of other things determine health.
Angus Deaton
Health
Think
Other
Solely
Determine
Determines
Lots
Income
Things
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.
Angus Deaton
Health
Status
Some
Entrenched
Mysterious
Narrative
Professions
Thing
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.
Angus Deaton
Work
Good
Chaos
Everywhere
Evidence
Must
See
No Idea
About
Idea
Talking
Account
Explain
Theoretical
I think inequality has gone past the point where it's helping us all get rich, and it's really becoming a serious threat.
Angus Deaton
Past
Gone
Rich
Think
Threat
Point
Inequality
Becoming
Get
Where
Us
Really
Helping
Serious
You can find episodes like the flu epidemic or war times when mortality rates go up, but sustained increases in mortality for any major group in any society are really quite rare. It's an indication that something is very wrong.
Angus Deaton
War
You
Flu
Rare
Group
Society
Increases
Find
Indication
Something
Rates
Wrong
Mortality
Major
Like
Go
Up
Very
Times
Any
Quite
Sustained
Epidemic
Really
Episodes
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.
Angus Deaton
Life
Work
People
Political
Control
Unions
Gave
Some
About
Give
Mixed
Exist
Representation
Anymore
Which
Social
Them
Really
Used
Social Life
Measure
Views
Many
Washington
Political and legal institutions play a central role in setting the environment that can nurture prosperity and economic growth.
Angus Deaton
Legal
Prosperity
Political
Nurture
Setting
Economic
Economic Growth
Environment
Institutions
Role
Central
Play
Growth
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