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Poverty is more than a lack of money
News, Angus Deaton, Published on 21/10/2015
» I am thrilled to have been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. I am even more thrilled that the Nobel committee highlighted the work that my collaborators and I have done on India.
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Aid for poor nations can hurt them
News, Angus Deaton, Published on 15/10/2015
» In Scotland, I was brought up to think of policemen as allies and to ask one for help when I needed it. Imagine my surprise when, as a 19-year-old on my first visit to the United States, I was met by a stream of obscenities from a New York City cop who was directing traffic in Times Square after I asked him for directions to the nearest post office. In my subsequent confusion, I inserted my employer's urgent documents into a trash bin that, to me, looked a lot like a mailbox.
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