EAN: 9780691247625

ECONOMICS IN AMERICA - ANGUS DEATON GEBUNDEN

From the Nobel Prize-winning economist and New York Times-bestselling coauthor of Deaths of
Despair and the Future of Capitalism  candid reflections on the economist's craftWhen 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 times-from poverty  retirement  and the minimum wage to the ravages of
the nation's uniquely disastrous health care system-and narrates Deaton's own account of his
experiences as a naturalized US citizen and academic economist.Deaton is witty and he 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--

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