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Quotes by Economists
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
I think there are a lot of policies that have been unfriendly to workers' wages.
Angus Deaton
Think
Policies
Wages
Been
Lot
Unfriendly
Workers
I really don't think we've become a plutocracy, but I worry about the enormous influence that money has in a democracy such as ours.
Angus Deaton
Democracy
Money
Become
Think
Enormous
Worry
Ours
About
Influence
Really
I've always - and not always happily - considered myself an outsider. Certainly at Fettes. And then the Scots are always outsiders in England. They are always putting you in your place in one way or another, and there is this pretty rigid class hierarchy.
Angus Deaton
Myself
You
Class
Considered
Way
Hierarchy
Rigid
Pretty
One-Way
Outsider
Outsiders
Putting
Another
Always
Place
Happily
Then
Your
Certainly
England
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
You
Picture
Everyone
Draw
Like
Look
Course
Makes
Doing
Which
Certainly
I do worry about a world in which the rich get to write the rules.
Angus Deaton
World
Rich
Worry
Rules
About
Write
Get
Which
Inequality is an enormously complicated thing that is both good and bad.
Angus Deaton
Good
Complicated
Bad
Both
Inequality
Good And Bad
Thing
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.
Angus Deaton
Me
People
Result
Poverty
Think
Out
Find
About
Seems
Globalisation
Been
Very
Hard
Billion
Who
Dragged
Harm
I both love inequality and am terrified of it.
Angus Deaton
Love
Both
Terrified
Inequality
Am
Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.
Angus Deaton
Poverty
Active
States
Citizens
Abolish
Global
Involved
Without
Effective
Little
Working
Growth
Chance
Needed
What is not OK is for rent-seekers to get rich.
Angus Deaton
Rich
OK
Get
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 is doing to us.
Angus Deaton
Capitalism
Will
Rest
Believe
Monster
System
Out
Would
Allow
Economy
Because
Without
Advocate
Healthcare
Doing
Get
Us
Created
Who
Socialized
Awful
Things
Flourish
I don't think Brexit is going to help people in Britain.
Angus Deaton
People
Think
Going
Brexit
Help
Help People
Britain
A lot of people in America and Europe feel that their governments are not representing them very much.
Angus Deaton
People
Feel
Lot
Governments
Very
America
Representing
Them
Much
Europe
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.
Angus Deaton
Government
You
People
Money
Situation
Think
Enormous
Gave
Our
Earth
Sums
Those
Some
About
Existed
Expense
Happened
Which
Richest
Richest People
Who
Ever
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
Time
Opportunities
Tears
Job
Long
Say
Fabric
Long Period
Period
Trying
After
Social
Low
Low-Income
Social Fabric
Income
My work on happiness is the only thing I've ever done where I've heard people in the supermarket talking about it, for instance.
Angus Deaton
Happiness
Work
People
About
Supermarket
Only
Instance
Talking
Heard
Done
Where
The Only Thing
Ever
Thing
I grew up pretty poor - not poor compared with people in India or Africa who are really poor, but poor enough so that the worry about money really cast a pall over your life a lot of the time.
Angus Deaton
Life
Time
People
Money
Enough
Worry
India
Pretty
About
Cast
Over
Lot
Up
Africa
Grew
Poor
Really
Your
Who
Compared
You accumulate emotional wisdom as you get older. You know, when you're 25, you go on blind dates with people that, when you're 50, you know to stay away from.
Angus Deaton
Wisdom
You
People
Older
Stay
Dates
Emotional
Know
Blind
Go
Accumulate
Get
Away
Parents tend to value their lives more highly than people without kids, but they're different in lots of ways: They're richer. They're better educated. They're healthier.
Angus Deaton
People
Better
Value
Parents
Ways
Kids
More
Tend
Highly
Without
Healthier
Educated
Lots
Than
Different
Richer
Lives
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
You
People
Would
Another
Expect
Than
Children
Want
Happier
Who
Large
Why
Set
The world is hugely unequal.
Angus Deaton
World
Unequal
Hugely
If poverty and underdevelopment are primarily consequences of poor institutions, then by weakening those institutions or stunting their development, large aid flows do exactly the opposite of what they are intended to do.
Angus Deaton
Poverty
Consequences
Aid
Those
Weakening
Exactly
Primarily
Development
Institutions
Opposite
Intended
Poor
Then
Large
Flows
I think lower wages have made men much less marriageable than they were before. It's not just like your job goes to hell. Your marriage goes to hell. You don't know your children anymore. Your children have a higher chance of being screwed up.
Angus Deaton
You
Marriage
Job
Made
Men
Before
Hell
Think
Higher
Like
Know
Wages
Were
Up
Than
Goes
Just
Being
Children
Anymore
Screwed
Screwed-Up
Much
Lower
Your
Less
Chance
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
Equality
Valuable
Skin
Think
Hundred
Another
Inequality
Dollars
Off
Itself
Gets
Nose
Against
Meaning
Bill
Bill Gates
Million
Million Dollars
Gates
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