Economics in America: An Immigrant Economist Explores the Land of Inequality

Date
Apr 10, 2024, 4:30 pm5:30 pm
Location
Robertson Hall, Arthur Lewis Auditorium (Room 100)

Speaker

Details

Event Description

2024 Book Talk: Economics in America: An Immigrant Economist Explores the Land of Inequality
Sir Angus Deaton, Dwight D. Eisenhower Professor of Economics and International Affairs, Emeritus and Senior Scholar, Princeton University; and Nobel Memorial Prize in Economic Sciences laureate
Date: Wednesday, April 10, 2024, from 4:30-5:30 p.m. (EDT)
Robertson Hall, Arthur Lewis Auditorium (Room 100)
Co-sponsored by The Griswold Center for Economic Policy Studies (GCEPS), Julis-Rabinowitz Center for Public Policy & Finance (JRCPPF), Center for Health and Wellbeing (CHW), and Research Program in Development Economics (RPDE)

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. He discusses the ongoing tensions between economics and politics—and the extent to which economics has any content beyond the political prejudices of economists—and reflects on whether economists bear at least some responsibility for the growing despair and rising populism in America.

Blending rare personal insights with illuminating perspectives on the social challenges that confront us today, Deaton offers a disarmingly frank critique of his own profession while shining a light on his adopted country’s policy accomplishments and failures.

Open to the Public and the Princeton University Community.
Registration required for in-person attendance only; Livestream available on MediaCentral

 

Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented.

Sponsors
  • The Griswold Center for Economic Policy Studies
  • Julis-Rabinowitz Center for Public Policy & Finance
  • Center for Health and Wellbeing
  • Research Program in Development Economics