Angus Deaton has been awarded the Nobel Prize in Economics.
“To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics.”
“Princeton professor Angus Deaton wins Nobel Prize in economics,” Jeff Guo, Washington Post
“Why Angus Deaton Deserved the Nobel Prize in Economics,” Christopher Blattman, Foreign Policy
Video [21:02]: Angus Deaton addressing the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) on “Health, Wealth and the Origins of Inequality.” October 17, 2013. A complete audio recording of his remarks is here.
Short link: http://wp.me/p6sb6-miU
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