Episode 633: ANGUS DEATON, co-author, Deaths of Despair - ECONOMICS IN AMERICA: An Immigrant Economist Explores the Land of Inequality

ANGUS DEATON won the Nobel prize in Economics for work accomplished before he and his wife, economist Ann Case, wrote DEATHS OF DESPAIR and the Future of Capitalism. Pre pandemic, life expectancy in the US was no longer rising, and already falling among adults without 4 years of college, due in large part to alcoholism, drug overdoses, and suicides. In his newest book, ECONOMICS IN AMERICA: An Immigrant Economist Explores the Land of Inequality, Deaton reflects on 25 years of his writings from the perspective of 2023. He’s takes a hard look at the field of economics, and its role in a society and an economy that leaves out so many. His last words in this conversation: “I made a lot of mistakes in my life, and it's good to be able to live long enough to be able to acknowledge them.” You can learn more at deaton.scholar.princeton.edu